Shares of Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) traded up 2.8% during trading on Friday . The stock traded as high as $25.60 and last traded at $25.60. 103 shares were traded during trading, a decline of 96% from the average session volume of 2,314 shares. The stock had previously closed at $24.90.
Guangdong Investment Price Performance
The business has a fifty day moving average of $27.08 and a 200 day moving average of $27.29.
Guangdong Investment Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, June 27th were paid a $0.7394 dividend. The ex-dividend date of this dividend was Thursday, June 27th. Guangdong Investment’s dividend payout ratio (DPR) is presently 30.15%.
About Guangdong Investment
Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.
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