CLP Holdings Limited (OTCMKTS:CLPHY) Announces Dividend Increase – $0.16 Per Share

CLP Holdings Limited (OTCMKTS:CLPHY) declared 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 is Monday, March 10th. This is an increase from CLP’s previous dividend of $0.07.

CLP Trading Down 1.2 %

Shares of CLP stock traded down $0.10 on Tuesday, hitting $8.30. 342,147 shares of the company traded hands, compared to its average volume of 146,360. The company has a current ratio of 0.70, a quick ratio of 0.56 and a debt-to-equity ratio of 0.43. The business has a 50-day simple moving average of $8.22 and a 200 day simple moving average of $8.55. CLP has a 52 week low of $7.62 and a 52 week high of $9.54.

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.