China Gas Holdings Limited (OTCMKTS:CGHLY – Free Report) announced a dividend on Wednesday, August 7, NASDAQ reports. Shareholders of record on Monday, August 26 will receive a dividend of $1.051 per share on Friday, October 18. The ex-dividend date of this dividend is Monday, August 26. This is an increase from China Gas’s previous dividend of $0.43.
Development of gas prices in China
OTCMKTS CGHLY shares opened at $22.17 on Friday. The company’s 50-day moving average price is $23.15 and its 200-day moving average price is $23.09. China Gas has a 52-week low of $21.46 and a 52-week high of $28.22.
Company profile of China Gas
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China Gas Holdings Limited is a gas operator and service provider in the People’s Republic of China. The company invests in, builds, operates and maintains gas pipelines, gas terminals, storage and transportation facilities and gas logistics systems for cities and towns. It transports natural gas and liquefied petroleum gas (LPG) to residential, industrial and commercial users. It builds and operates compressed natural gas/liquefied natural gas filling stations and develops technologies related to natural gas and LPG.
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