Megaworld Co. (OTCMKTS:MGAWY) to Issue Dividend of $0.28

Megaworld Co. (OTCMKTS:MGAWY) declared a dividend on Tuesday, October 22nd, NASDAQ reports. Shareholders of record on Tuesday, November 5th will be paid a dividend of 0.2826 per share on Tuesday, December 3rd. The ex-dividend date is Tuesday, November 5th. This is a positive change from Megaworld’s previous dividend of $0.15.

Megaworld Stock Performance

Shares of MGAWY traded up $0.11 during mid-day trading on Wednesday, hitting $8.00. The stock had a trading volume of 1,000 shares, compared to its average volume of 3,616. Megaworld has a 52 week low of $5.70 and a 52 week high of $8.00. The business has a fifty day moving average price of $6.88 and a 200-day moving average price of $6.41.

About Megaworld

Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.