Shares of Tsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.85 and traded as low as $33.22. Tsingtao Brewery shares last traded at $33.22, with a volume of 1,629 shares changing hands.
Tsingtao Brewery Price Performance
The stock’s fifty day moving average is $36.85 and its 200-day moving average is $33.73.
Tsingtao Brewery Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, August 16th. Stockholders of record on Wednesday, July 3rd will be issued a dividend of $1.2223 per share. The ex-dividend date is Wednesday, July 3rd. This is an increase from Tsingtao Brewery’s previous dividend of $0.32.
Tsingtao Brewery Company Profile
Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.
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