Swire Pacific Limited (OTCMKTS:SWRAY) Increases Dividend to $0.27 Per Share

Swire Pacific Limited (OTCMKTS:SWRAY) declared a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 10th will be paid a dividend of 0.2703 per share by the conglomerate on Monday, May 19th. The ex-dividend date of this dividend is Thursday, April 10th. This is a 91.5% increase from Swire Pacific’s previous dividend of $0.14.

Swire Pacific Price Performance

OTCMKTS SWRAY traded up $0.20 during mid-day trading on Tuesday, hitting $8.94. The company’s stock had a trading volume of 27,959 shares, compared to its average volume of 40,313. The company’s 50 day simple moving average is $8.65 and its 200 day simple moving average is $8.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94. Swire Pacific has a twelve month low of $7.49 and a twelve month high of $9.46.

About Swire Pacific

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.