KBC Group (OTCMKTS:KBCSY) Shares Up 0.7% – Should You Buy?

Shares of KBC Group NV (OTCMKTS:KBCSY) traded up 0.7% during mid-day trading on Friday . The stock traded as high as $38.33 and last traded at $38.26. 30,911 shares changed hands during trading, a decline of 3% from the average session volume of 32,005 shares. The stock had previously closed at $38.01.

KBC Group Price Performance

The business’s fifty day moving average price is $37.17 and its 200 day moving average price is $37.33. The company has a market cap of $31.95 billion, a price-to-earnings ratio of 9.84, a price-to-earnings-growth ratio of 1.45 and a beta of 1.15.

KBC Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Wednesday, November 13th were issued a $0.3313 dividend. The ex-dividend date was Wednesday, November 13th. This is a boost from KBC Group’s previous dividend of $0.23. KBC Group’s dividend payout ratio is presently 16.20%.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.