Lonking Holdings Limited (OTCMKTS:LKHLY) Increases Dividend to $0.46 Per Share

Lonking Holdings Limited (OTCMKTS:LKHLY) declared a dividend on Sunday, May 5th, NASDAQ reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.4613 per share on Thursday, August 15th. The ex-dividend date is Friday, May 31st. This is an increase from Lonking’s previous dividend of $0.08.

Lonking Stock Performance

Shares of LKHLY remained flat at $8.00 during mid-day trading on Friday. Lonking has a 52-week low of $7.33 and a 52-week high of $10.44. The stock’s 50-day moving average price is $8.00 and its 200 day moving average price is $8.03.

About Lonking

Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.