Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.12 and traded as high as $3.17. Hysan Development shares last traded at $3.01, with a volume of 35,441 shares.
Hysan Development Price Performance
The company’s fifty day moving average is $3.12 and its 200 day moving average is $3.16.
Hysan Development Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 4th were issued a dividend of $0.2083 per share. This is a positive change from Hysan Development’s previous dividend of $0.06. The ex-dividend date was Tuesday, March 4th. Hysan Development’s payout ratio is presently 3.58%.
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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