Hang Lung Group Limited (OTCMKTS:HNLGY) to Issue Dividend Increase – $0.40 Per Share

Hang Lung Group Limited (OTCMKTS:HNLGY) declared a dividend on Sunday, April 7th, NASDAQ reports. Stockholders of record on Wednesday, May 8th will be paid a dividend of 0.3958 per share on Monday, June 24th. The ex-dividend date of this dividend is Tuesday, May 7th. This is an increase from Hang Lung Group’s previous dividend of $0.12.

Hang Lung Group Stock Performance

OTCMKTS HNLGY opened at $5.95 on Monday. Hang Lung Group has a twelve month low of $5.49 and a twelve month high of $6.00. The stock has a fifty day simple moving average of $5.95 and a 200 day simple moving average of $6.38.

Hang Lung Group Company Profile

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.