Bank Hapoalim (OTCMKTS:BKHYY) Plans Dividend Increase - $1.05 Per Share

Key Points

• Bank Hapoalim declared a dividend of $1.05 per share, marking a 95.1% increase from its previous dividend of $0.54.
• The dividend will be paid on September 10th to stockholders of record as of August 26th, with an ex-dividend date of August 25th.
• In its latest quarterly earnings report, Bank Hapoalim reported $2.68 earnings per share, exceeding analysts' expectations of $2.36.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) declared a dividend on Wednesday, August 20th, investing.com reports. Stockholders of record on Tuesday, August 26th will be given a dividend of 1.0505 per share by the bank on Wednesday, September 10th. This represents a dividend yield of 238.0%. The ex-dividend date of this dividend is Monday, August 25th. This is a 95.1% increase from Bank Hapoalim's previous dividend of $0.54.

Bank Hapoalim Trading Up 1.9%

Shares of Bank Hapoalim stock traded up $1.7625 on Friday, hitting $94.4625. The stock had a trading volume of 6,356 shares, compared to its average volume of 14,249. The stock has a 50 day moving average of $93.28 and a 200 day moving average of $79.73. Bank Hapoalim has a twelve month low of $47.39 and a twelve month high of $100.1950. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $24.91 billion, a P/E ratio of 10.85 and a beta of 1.13.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The bank reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.32. Bank Hapoalim had a return on equity of 14.53% and a net margin of 20.12%.The company had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $5.97 billion.

Bank Hapoalim Company Profile

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.