Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Declares Dividend of $1.65

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) announced a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Shareholders of record on Friday, March 21st will be paid a dividend of 1.65 per share on Wednesday, May 21st. The ex-dividend date of this dividend is Friday, March 21st. This is a 200.0% increase from Jardine Matheson’s previous dividend of $0.55.

Jardine Matheson Stock Up 2.7 %

Shares of OTCMKTS JMHLY traded up $1.10 during midday trading on Wednesday, reaching $41.89. The company’s stock had a trading volume of 12,888 shares, compared to its average volume of 13,538. Jardine Matheson has a fifty-two week low of $34.15 and a fifty-two week high of $46.00. The stock has a 50 day simple moving average of $40.28 and a 200-day simple moving average of $39.94. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.15 and a quick ratio of 0.95.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Jardine Matheson to a “strong-buy” rating in a report on Friday, February 28th.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.