Tsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Rating) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $48.78 and traded as low as $44.13. Tsingtao Brewery shares last traded at $44.13, with a volume of 698 shares traded.

Tsingtao Brewery Price Performance

The company has a 50-day simple moving average of $48.78 and a two-hundred day simple moving average of $44.11. The stock has a market capitalization of $12.04 billion, a price-to-earnings ratio of 28.66 and a beta of 0.47.

Tsingtao Brewery Announces Dividend

The business also recently declared a dividend, which was paid on Friday, August 19th. Investors of record on Friday, July 1st were given a $0.7219 dividend. The ex-dividend date of this dividend was Thursday, June 30th. This represents a dividend yield of 1.42%. Tsingtao Brewery's dividend payout ratio (DPR) is 46.75%.

Tsingtao Brewery Company Profile

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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