When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HYSNF - Hysan Development: Interim Dividend Maintained Despite Lackluster Outlook
Hysan Development Co. Ltd.
Elevator Pitch
I maintain a Neutral rating on Hong Kong-listed property company Hysan Development Company Limited (OTC:HYSNF) (OTCPK:HYSNY) [14:HK].
This is an update of my prior article on Hysan Development published on March 3, 2020. Hysan Development's share price has decreased by -13% from HK$28.20 as of March 2, 2020 to HK$24.50 as of September 3, 2020, since my last update. Hysan Development trades at 0.32 times P/B, and it offers a consensus forward FY 2020 dividend yield of 5.9%.
Hysan Development maintained the company's interim 1H 2020 dividend at HK$0.27