Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 400 shares, a decline of 20.0% from the March 15th total of 500 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4.0 days.
Bank of Communications Stock Performance
Shares of BCMXY remained flat at $20.05 during mid-day trading on Friday. The stock had a trading volume of 47 shares, compared to its average volume of 378. The company has a market cap of $59.56 billion, a P/E ratio of 4.99 and a beta of -0.14. The company has a 50-day moving average price of $21.57 and a two-hundred day moving average price of $20.26. Bank of Communications has a one year low of $15.39 and a one year high of $23.70.
Bank of Communications Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.5408 per share. The ex-dividend date is Monday, April 14th. This is a positive change from Bank of Communications's previous dividend of $0.49. This represents a yield of 10.09%. Bank of Communications's dividend payout ratio (DPR) is presently 26.73%.
Bank of Communications Company Profile
(
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Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.
Further Reading
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