Bank of China Limited (OTCMKTS:BACHY) Declares Dividend of $0.31

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

Bank of China Trading Up 2.0 %

Shares of BACHY traded up $0.28 during trading hours on Monday, reaching $14.36. 42,815 shares of the stock traded hands, compared to its average volume of 38,410. Bank of China has a 52 week low of $10.28 and a 52 week high of $15.50. The stock has a fifty day simple moving average of $14.24 and a 200 day simple moving average of $12.95. The company has a market cap of $169.04 billion, a price-to-earnings ratio of 5.63 and a beta of 0.10.

Bank of China (OTCMKTS:BACHY - Get Free Report) last released its earnings results on Wednesday, March 26th. The bank reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.07. The company had revenue of $17.82 billion during the quarter, compared to analyst estimates of $130.61 billion. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

Wall Street Analysts Forecast Growth

BACHY has been the subject of several research reports. Bank of America restated a "neutral" rating on shares of Bank of China in a research report on Thursday, March 27th. The Goldman Sachs Group raised shares of Bank of China from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th.

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.