Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) Shares Down 2% – Here’s What Happened

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCYGet Free Report)’s stock price dropped 2% on Monday . The stock traded as low as $39.67 and last traded at $39.91. Approximately 110,432 shares traded hands during trading, a decline of 27% from the average daily volume of 151,542 shares. The stock had previously closed at $40.73.

Hong Kong Exchanges and Clearing Stock Performance

The firm has a 50-day moving average price of $34.43 and a two-hundred day moving average price of $32.93.

Hong Kong Exchanges and Clearing Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 4th were issued a $0.5093 dividend. This is an increase from Hong Kong Exchanges and Clearing’s previous dividend of $0.45. The ex-dividend date was Wednesday, September 4th. Hong Kong Exchanges and Clearing’s payout ratio is presently 25.54%.

About Hong Kong Exchanges and Clearing

(Get Free Report)

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments.

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