Shares of Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.20 and traded as high as $13.83. Hang Seng Bank shares last traded at $13.76, with a volume of 8,397 shares trading hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded shares of Hang Seng Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 19th.
Read Our Latest Report on Hang Seng Bank
Hang Seng Bank Price Performance
Hang Seng Bank Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, April 7th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.4115 per share. This is an increase from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 5th.
Hang Seng Bank Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
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