CLP Holdings Limited (OTCMKTS:CLPHY) Raises Dividend to $0.16 Per Share

CLP Holdings Limited (OTCMKTS:CLPHY) announced a dividend on Monday, February 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.1621 per share on Thursday, March 27th. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from CLP’s previous dividend of $0.07.

CLP Trading Down 1.2 %

Shares of CLP stock traded down $0.10 on Tuesday, reaching $8.30. 342,147 shares of the stock were exchanged, compared to its average volume of 146,360. The business has a 50 day moving average price of $8.22 and a two-hundred day moving average price of $8.55. CLP has a twelve month low of $7.62 and a twelve month high of $9.54. The company has a current ratio of 0.70, a quick ratio of 0.56 and a debt-to-equity ratio of 0.43.

About CLP

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.