The China Fund, Inc. (NYSE:CHN) Plans Dividend Increase – $0.15 Per Share

The China Fund, Inc. (NYSE:CHN) announced an annual dividend on Monday, December 16th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.1497 per share by the investment management company on Friday, January 10th. This represents a dividend yield of 0.2%. The ex-dividend date is Monday, December 30th. This is a positive change from The China Fund’s previous annual dividend of $0.02.

The China Fund Trading Up 1.8 %

Shares of CHN stock opened at $12.19 on Wednesday. The China Fund has a 1 year low of $9.00 and a 1 year high of $14.74. The stock has a fifty day moving average of $12.39 and a two-hundred day moving average of $11.04.

About The China Fund

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.