Hongkong Land Holdings Limited (LON:HKLD) Insider Michael Smith Buys 356,900 Shares

Hongkong Land Holdings Limited (LON:HKLD) insider Michael Smith bought 356,900 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were acquired at an average price of GBX 319 ($4.12) per share, for a total transaction of £1,138,511 ($1,470,944.44).

Hongkong Land Stock Performance

Hongkong Land Holdings Limited has a 52 week low of GBX 3.07 ($0.04) and a 52 week high of GBX 7.41 ($0.10). The business has a 50-day simple moving average of GBX 6.87. The stock has a market capitalization of £94.81 million, a price-to-earnings ratio of -16.50, a PEG ratio of 2.50 and a beta of 0.52. The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65.

Hongkong Land Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, March 20th will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Hongkong Land’s previous dividend of $0.06. This represents a dividend yield of 2.29%. Hongkong Land’s payout ratio is currently -8,461.54%.

Hongkong Land Company Profile

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.