Tsingtao Brewery (OTCMKTS:TSGTY – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Friday, June 27th. Analysts expect Tsingtao Brewery to post earnings of $0.80 per share and revenue of $1.43 billion for the quarter.
Tsingtao Brewery Trading Up 0.8%
Shares of TSGTY opened at $32.83 on Thursday. Tsingtao Brewery has a 52-week low of $25.05 and a 52-week high of $42.19. The business’s fifty day moving average is $34.93 and its 200-day moving average is $34.55.
Tsingtao Brewery Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, May 26th will be paid a $1.3332 dividend. The ex-dividend date is Friday, May 23rd. This is a positive change from Tsingtao Brewery’s previous dividend of $1.22. This represents a dividend yield of 3.81%.
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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