The Goldman Sachs Group upgraded shares of Hang Seng Bank (OTCMKTS:HSNGY – Free Report) from a strong sell rating to a hold rating in a report released on Wednesday morning,Zacks.com reports.
Hang Seng Bank Stock Up 1.3 %
Shares of OTCMKTS:HSNGY opened at $13.63 on Wednesday. Hang Seng Bank has a 52-week low of $10.70 and a 52-week high of $14.81. The company has a 50 day moving average of $12.35 and a two-hundred day moving average of $12.16.
Hang Seng Bank Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, April 7th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.4115 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is a boost from Hang Seng Bank’s previous dividend of $0.14.
About Hang Seng Bank
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
Further Reading
- Five stocks we like better than Hang Seng Bank
- Which Wall Street Analysts are the Most Accurate?
- MarketBeat Week in Review – 02/17 – 02/21
- The Basics of Support and Resistance
- SolarEdge: A Surprising Bright Spot in a Troubled Solar Industry?
- Learn Technical Analysis Skills to Master the Stock Market
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
Receive News & Ratings for Hang Seng Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Seng Bank and related companies with MarketBeat.com's FREE daily email newsletter.
