Bank of Communications Co., Ltd. (BCMXY) to Issue Dividend of $0.54 on May 15th

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) announced a dividend on Tuesday, April 8th, investing.com reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.5408 per share by the bank on Thursday, May 15th. This represents a dividend yield of 10.09%. The ex-dividend date of this dividend is Monday, April 14th. This is a 10.1% increase from Bank of Communications’s previous dividend of $0.49.

Bank of Communications Stock Down 6.5 %

Shares of Bank of Communications stock opened at $19.70 on Friday. Bank of Communications has a 12-month low of $15.39 and a 12-month high of $23.15. The firm has a market capitalization of $58.52 billion, a PE ratio of 4.90 and a beta of -0.14. The stock’s fifty day moving average is $21.46 and its 200-day moving average is $20.00.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.