SWIRE PAC LTD/S (OTCMKTS:SWRAY) Plans Semi-Annual Dividend of $0.21

SWIRE PAC LTD/S (OTCMKTS:SWRAY) declared a Semi-Annual dividend on Tuesday, March 19th, Zacks reports. Stockholders of record on Wednesday, April 10th will be paid a dividend of 0.209 per share by the conglomerate on Monday, May 20th. The ex-dividend date is Tuesday, April 9th. This is a boost from SWIRE PAC LTD/S’s previous Semi-Annual dividend of $0.14.

Shares of SWIRE PAC LTD/S stock traded up $0.12 during trading on Friday, reaching $12.79. The company’s stock had a trading volume of 9,455 shares, compared to its average volume of 17,207. The stock has a market capitalization of $49.87 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 0.75 and a beta of 0.98. SWIRE PAC LTD/S has a fifty-two week low of $9.46 and a fifty-two week high of $13.15.

Separately, Zacks Investment Research upgraded shares of SWIRE PAC LTD/S from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Tuesday, March 19th.

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SWIRE PAC LTD/S Company Profile

Swire Pacific Limited engages in property, aviation, beverages, marine services, and trading and industrial businesses in Hong Kong, Asia, the United States, and internationally. Its Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, other luxury residential accommodations, and commercial mixed-use developments; and trading portfolio consists of residential properties.

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