Cathay Pacific Airways (OTCMKTS:CPCAY) Hits New 1-Year High – What’s Next?

Shares of Cathay Pacific Airways Ltd. (OTCMKTS:CPCAYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $7.80 and last traded at $7.80, with a volume of 3556 shares trading hands. The stock had previously closed at $7.59.

Cathay Pacific Airways Stock Performance

The company’s 50 day moving average price is $6.99 and its 200-day moving average price is $6.87.

Cathay Pacific Airways Announces Dividend

The business also recently announced a dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, September 5th were issued a dividend of $0.1074 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a yield of 573.0%.

Cathay Pacific Airways Company Profile

(Get Free Report)

Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Hong Kong. It also engages in the property investment and travel reward program; operates as a travel tour operator; and provision of financial, aircraft acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, and cargo terminal services.

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