Nam Tai Property Inc. (NTP) Declares $0.07 Quarterly Dividend
Nam Tai Property Inc. (NYSE:NTP) declared a quarterly dividend on Tuesday, November 29th. Shareholders of record on Saturday, September 30th will be paid a dividend of 0.07 per share on Friday, October 20th. This represents a $0.28 annualized dividend and a yield of 3.54%. The ex-dividend date is Wednesday, September 27th.
Shares of Nam Tai Property (NYSE:NTP) traded up 1.94% on Tuesday, reaching $7.90. 96,708 shares of the company’s stock traded hands. The company’s 50-day moving average is $7.78 and its 200-day moving average is $6.87. Nam Tai Property has a 52 week low of $4.70 and a 52 week high of $9.59. The firm’s market capitalization is $291.09 million.
Nam Tai Property (NYSE:NTP) last posted its quarterly earnings results on Monday, October 31st. The company reported ($0.04) EPS for the quarter. Nam Tai Property had a negative return on equity of 3.41% and a negative net margin of 439.83%.
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About Nam Tai Property
Nam Tai Property Inc, formerly Nam Tai Electronics, Inc, is engaged in the property development and management business. The Company is focused on redeveloping approximately two parcels of land in Gushu and Guangming, Shenzhen in China, by converting its over two parcels of land that formally housed its manufacturing facilities into commercial complexes.
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