Shares of Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.22 and traded as high as $3.41. Hysan Development shares last traded at $3.23, with a volume of 166,445 shares.
Hysan Development Stock Down 7.2 %
The stock’s 50 day moving average is $3.22 and its 200 day moving average is $3.10.
Hysan Development Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 9th were paid a dividend of $0.061 per share. The ex-dividend date was Monday, September 9th. This represents a dividend yield of 8.76%. Hysan Development’s dividend payout ratio (DPR) is currently 1.10%.
About Hysan Development
Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.
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