Standard Chartered PLC (OTCMKTS:SCBFF) Announces Dividend Increase – $0.28 Per Share

Standard Chartered PLC (OTCMKTS:SCBFF) announced a dividend on Thursday, March 20th, investing.com reports. Investors of record on Friday, March 28th will be given a dividend of 0.28 per share on Monday, May 19th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 211.1% increase from Standard Chartered’s previous dividend of $0.09.

Standard Chartered Stock Up 0.7 %

SCBFF opened at $15.51 on Thursday. The firm has a 50 day moving average price of $14.08 and a 200 day moving average price of $12.27. The company has a market cap of $38.06 billion, a PE ratio of 13.97 and a beta of 0.67. Standard Chartered has a 1 year low of $7.70 and a 1 year high of $16.43. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84.

Standard Chartered (OTCMKTS:SCBFF) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.28 earnings per share (EPS) for the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. The company had revenue of $4.80 billion during the quarter. Sell-side analysts expect that Standard Chartered will post 1.66 earnings per share for the current year.

About Standard Chartered

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.