China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report)’s share price was up 5% on Friday . The stock traded as high as $7.37 and last traded at $7.35. Approximately 10,047 shares changed hands during trading, a decline of 75% from the average daily volume of 40,835 shares. The stock had previously closed at $7.00.
China Resources Enterprise Stock Performance
The company’s 50 day simple moving average is $7.11 and its two-hundred day simple moving average is $6.94.
China Resources Enterprise Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, September 4th will be given a dividend of $0.1092 per share. The ex-dividend date is Wednesday, September 3rd. This is a positive change from China Resources Enterprise’s previous dividend of $0.08. This represents a dividend yield of 147.0%.
About China Resources Enterprise
China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.
Featured Stories
- Five stocks we like better than China Resources Enterprise
- What does consumer price index measure?
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- How to Buy Gold Stock and Invest in Gold
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- What Are Dividend Contenders? Investing in Dividend Contenders
- Catch the Next Bitcoin Rally With These 3 ETFs
Receive News & Ratings for China Resources Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.
