Previous close | 28.450 |
Open | 28.200 |
Bid | 29.700 x 0 |
Ask | 29.750 x 0 |
Day's range | 28.200 - 30.050 |
52-week range | 20.350 - 37.900 |
Volume | |
Avg. volume | 14,680,319 |
Market cap | 212.145B |
Beta (5Y monthly) | 0.63 |
PE ratio (TTM) | 6.26 |
EPS (TTM) | 4.750 |
Earnings date | 26 Mar 2024 |
Forward dividend & yield | 1.58 (5.54%) |
Ex-dividend date | 12 Jun 2024 |
1y target est | 41.08 |
As global markets navigate through fluctuating economic signals, Hong Kong's Hang Seng Index has shown remarkable resilience with a significant surge. This vibrant backdrop sets an intriguing stage for investors considering dividend stocks as a potentially stabilizing addition to their portfolios. In this context, understanding the fundamentals of dividend-paying stocks becomes crucial, especially in a market environment where steady income streams are highly valued amidst broader volatility.
Hong Kong's New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project in the financial city's "Northern Metropolis" next year. In a joint statement on Wednesday, the two developers said the project will create around 1,800 homes in the Hong Kong government-led property development on the border with China. The project has an estimated market valuation of HK$10 billion ($1.28 billion), a source close to the companies said.