Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.04 and traded as high as $3.25. Hysan Development shares last traded at $3.25, with a volume of 256 shares changing hands.
Hysan Development Price Performance
The stock has a 50-day moving average price of $3.04 and a 200 day moving average price of $3.15.
Hysan Development Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be paid a $0.2083 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Hysan Development’s previous dividend of $0.06. Hysan Development’s payout ratio is currently 3.58%.
Hysan Development Company Profile
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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