MTR Co. Limited (OTCMKTS:MTCPY) Increases Dividend to $0.29 Per Share

MTR Co. Limited (OTCMKTS:MTCPY – Get Rating) announced a dividend on Saturday, May 20th, investing.com reports. Stockholders of record on Friday, May 26th will be given a dividend of 0.2901 per share on Wednesday, August 2nd. This represents a dividend yield of 2.84%. The ex-dividend date is Thursday, May 25th. This is an increase from MTR’s previous dividend of $0.14.

MTR Stock Up 5.0 %

OTCMKTS:MTCPY opened at $15.00 on Monday. The company has a 50-day moving average price of $15.29 and a 200-day moving average price of $15.21. MTR has a 12 month low of $12.75 and a 12 month high of $16.79.

About MTR

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MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Railway, Property Rental and Management Businesses; Mainland China Property Development; and Other Businesses segments.