Guangdong Investment Limited (OTCMKTS:GGDVY) Plans Dividend Increase – $0.39 Per Share

Guangdong Investment Limited (OTCMKTS:GGDVY) announced a dividend on Thursday, June 19th, investing.com reports. Investors of record on Friday, June 27th will be paid a dividend of 0.3938 per share on Friday, August 8th. This represents a dividend yield of 4.97%. The ex-dividend date of this dividend is Thursday, June 26th. This is a 91.5% increase from Guangdong Investment’s previous dividend of $0.21.

Guangdong Investment Price Performance

Shares of Guangdong Investment stock opened at $42.00 on Thursday. The firm’s 50 day moving average is $40.50 and its 200 day moving average is $38.70. Guangdong Investment has a 1 year low of $24.90 and a 1 year high of $42.00.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.