Previous close | 29.100 |
Open | 29.500 |
Bid | 28.400 x 0 |
Ask | 28.450 x 0 |
Day's range | 28.300 - 29.550 |
52-week range | 20.350 - 37.900 |
Volume | |
Avg. volume | 18,497,828 |
Market cap | 202.519B |
Beta (5Y monthly) | 0.59 |
PE ratio (TTM) | 5.88 |
EPS (TTM) | 4.830 |
Earnings date | 27 Aug 2024 |
Forward dividend & yield | 1.58 (5.55%) |
Ex-dividend date | 12 Jun 2024 |
1y target est | 41.22 |
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.