Bank of China Limited (BACHY) To Go Ex-Dividend on April 23rd

Bank of China Limited (OTCMKTS:BACHY) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Thursday, April 24th will be given a dividend of 0.3063 per share by the bank on Monday, June 9th. This represents a dividend yield of 9.32%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Bank of China Stock Performance

Shares of OTCMKTS BACHY opened at $14.36 on Friday. Bank of China has a 52-week low of $10.28 and a 52-week high of $15.50. The company’s 50 day moving average price is $14.21 and its 200-day moving average price is $12.93. The company has a market capitalization of $169.04 billion, a P/E ratio of 5.63 and a beta of 0.10.

Bank of China (OTCMKTS:BACHY) last released its earnings results on Wednesday, March 26th. The bank reported $0.70 EPS for the quarter, topping the consensus estimate of $0.63 by $0.07. The business had revenue of $17.82 billion during the quarter, compared to analysts’ expectations of $130.61 billion. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

Analyst Ratings Changes

A number of brokerages recently commented on BACHY. The Goldman Sachs Group upgraded Bank of China from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Bank of America reaffirmed a “neutral” rating on shares of Bank of China in a research report on Thursday, March 27th.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.