Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Raises Dividend to $1.33 Per Share

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) declared a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be given a dividend of 1.3332 per share on Friday, July 18th. This represents a yield of 3.81%. The ex-dividend date of this dividend is Friday, May 23rd. This is a 9.1% increase from Tsingtao Brewery’s previous dividend of $1.22.

Tsingtao Brewery Price Performance

OTCMKTS TSGTY opened at $37.15 on Wednesday. The business has a 50 day simple moving average of $36.28 and a 200 day simple moving average of $34.34. Tsingtao Brewery has a 52-week low of $25.05 and a 52-week high of $42.19.

About Tsingtao Brewery

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.