Shares of Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY – Get Free Report) rose 14.9% during trading on Monday . The stock traded as high as $1.54 and last traded at $1.54. Approximately 767 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,909 shares. The stock had previously closed at $1.34.
Sun Hung Kai & Co. Limited Price Performance
The firm’s 50-day moving average price is $1.35 and its 200 day moving average price is $1.30.
Sun Hung Kai & Co. Limited Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, June 10th. Investors of record on Friday, April 19th will be given a dividend of $0.0716 per share. The ex-dividend date is Thursday, April 18th. This is a positive change from Sun Hung Kai & Co. Limited’s previous dividend of $0.06.
About Sun Hung Kai & Co. Limited
Sun Hung Kai & Co Limited, an investment holding company, provides financial services primarily in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.
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