Nam Tai Property Inc. (NTP) Declares $0.07 Quarterly Dividend
Nam Tai Property Inc. (NYSE:NTP) announced a quarterly dividend on Tuesday, November 29th. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.07 per share on Friday, October 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend is Wednesday, September 27th.
Shares of Nam Tai Property (NYSE:NTP) traded up 1.94% during midday trading on Tuesday, hitting $7.90. 96,708 shares of the stock were exchanged. The firm has a 50-day moving average price of $7.78 and a 200-day moving average price of $6.87. The company’s market cap is $291.09 million. Nam Tai Property has a 12-month low of $4.70 and a 12-month high of $9.59.
Nam Tai Property (NYSE:NTP) last released its quarterly earnings results on Monday, October 31st. The company reported ($0.04) earnings per share for the quarter. Nam Tai Property had a negative net margin of 439.83% and a negative return on equity of 3.41%.
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About Nam Tai Property
Nam Tai Property Inc, formerly Nam Tai Electronics, Inc, is engaged in the property development and management business. The Company is focused on redeveloping approximately two parcels of land in Gushu and Guangming, Shenzhen in China, by converting its over two parcels of land that formally housed its manufacturing facilities into commercial complexes.
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