CLP Holdings Limited (CLPHY) Declares Quarterly Dividend of $0.13

CLP Holdings Limited (OTCMKTS:CLPHY) announced a quarterly dividend on Tuesday, March 6th, Zacks reports. Investors of record on Friday, March 16th will be paid a dividend of 0.126 per share on Thursday, March 29th. This represents a $0.50 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Thursday, March 15th.

Shares of CLP (OTCMKTS CLPHY) traded up $0.04 on Friday, reaching $10.17. 30,269 shares of the company were exchanged, compared to its average volume of 65,987. CLP has a 52-week low of $9.45 and a 52-week high of $11.00. The stock has a market capitalization of $25,610.00, a PE ratio of 14.13 and a beta of 0.33. The company has a current ratio of 0.84, a quick ratio of 0.74 and a debt-to-equity ratio of 0.40.

Separately, ValuEngine cut shares of CLP from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd.

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About CLP

CLP Holdings Limitedis an investment holding company mainly engaged in the generation and supply of electricity. The Company operates a portfolio of generating assets, harnessing a wide range of fuels including coal, gas, nuclear, wind, hydro and solar. Its business also includes transmission and distribution, and electricity and gas retail activities.

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