Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 1-Year High – Here’s Why

Shares of Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 8 shares trading hands. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The business has a fifty day simple moving average of $14.96 and a 200 day simple moving average of $14.23.

Shanghai Industrial Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 21st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.5186 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a dividend yield of 8.37%.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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