HAIER ELECTRONI/ADR (OTCMKTS:HRELY) to Issue $0.43 Annual Dividend

HAIER ELECTRONI/ADR (OTCMKTS:HRELY) declared an annual dividend on Friday, March 29th, Zacks reports. Stockholders of record on Tuesday, July 2nd will be given a dividend of 0.434 per share on Monday, August 26th. This represents a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, July 1st.

Shares of OTCMKTS HRELY remained flat at $$26.50 during mid-day trading on Friday. The stock had a trading volume of 24 shares, compared to its average volume of 1,409. The stock has a 50 day simple moving average of $26.61. HAIER ELECTRONI/ADR has a 1 year low of $20.19 and a 1 year high of $32.60.

Separately, Deutsche Bank set a €230.00 ($267.44) price target on adidas and gave the company a “neutral” rating in a research note on Tuesday, May 7th.

HAIER ELECTRONI/ADR Company Profile

Haier Electronics Group Co, Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters under the brand name of Haier, Casarte, and Leader in Mainland China and internationally. It operates through four segments: Washing Machine Business, Water Heater Business, Channel Services Business, and Logistics Business.

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