Nam Tai Property Inc. to Issue Quarterly Dividend of $0.07 (NTP)
Nam Tai Property Inc. (NYSE:NTP) declared a quarterly dividend on Tuesday, November 29th. Investors of record on Friday, June 30th will be paid a dividend of 0.07 per share on Thursday, July 20th. This represents a $0.28 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend is Wednesday, June 28th.
Shares of Nam Tai Property (NYSE:NTP) traded up 1.94% on Tuesday, reaching $7.90. The company had a trading volume of 96,708 shares. The stock’s market capitalization is $291.09 million. The company’s 50 day moving average price is $7.78 and its 200-day moving average price is $6.87. Nam Tai Property has a 1-year low of $4.70 and a 1-year high of $9.59.
Nam Tai Property (NYSE:NTP) last released its earnings results on Monday, October 31st. The company reported ($0.04) earnings per share for the quarter. Nam Tai Property had a negative return on equity of 3.41% and a negative net margin of 439.83%.
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Nam Tai Property Company Profile
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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