China Feihe Limited (OTCMKTS:CFEIY) to Issue Dividend Increase – $0.15 Per Share

China Feihe Limited (OTCMKTS:CFEIY) announced a dividend on Saturday, April 27th, NASDAQ reports. Stockholders of record on Friday, May 24th will be paid a dividend of 0.1517 per share on Thursday, June 20th. The ex-dividend date of this dividend is Thursday, May 23rd. This is a boost from China Feihe’s previous dividend of $0.14.

China Feihe Price Performance

Shares of OTCMKTS CFEIY remained flat at $5.13 during mid-day trading on Friday. The stock’s 50 day simple moving average is $4.81 and its 200 day simple moving average is $5.43. China Feihe has a fifty-two week low of $4.45 and a fifty-two week high of $6.41.

About China Feihe

China Feihe Limited, an investment holding company, produces and sells infant milk formula products in Mainland China and the United States. The company provides a range of raw milk, adult milk powders, liquid milk products, and health care products, as well as soybean powder and goat milk powder. It is also involved in the retail of vitamins, minerals, herbs, and other nutritional supplements.