BOC Hong Kong Ltd. (BHKLY) To Go Ex-Dividend on July 2nd

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) announced a dividend on Tuesday, July 1st, investing.com reports. Stockholders of record on Thursday, July 3rd will be paid a dividend of 3.6389 per share on Thursday, July 24th. This represents a dividend yield of 6.43%. The ex-dividend date of this dividend is Wednesday, July 2nd. This is a 399.6% increase from BOC Hong Kong’s previous dividend of $0.73.

BOC Hong Kong Stock Performance

Shares of BHKLY stock opened at $87.70 on Thursday. BOC Hong Kong has a 12 month low of $55.74 and a 12 month high of $97.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.70 and a current ratio of 0.70. The company’s fifty day moving average price is $86.64 and its 200-day moving average price is $75.96.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of BOC Hong Kong from a “strong-buy” rating to a “neutral” rating in a report on Tuesday, April 15th.

BOC Hong Kong Company Profile

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.