Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 200 shares, a decrease of 50.0% from the March 31st total of 400 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company's stock are short sold.
Bank of Communications Stock Performance
Shares of BCMXY remained flat at $20.05 during trading hours on Friday. 32 shares of the company were exchanged, compared to its average volume of 378. The stock has a market cap of $59.56 billion, a P/E ratio of 4.99 and a beta of -0.14. The stock has a 50 day moving average price of $21.29 and a two-hundred day moving average price of $20.35. 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 announced a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.5408 per share. The ex-dividend date of this dividend is Monday, April 14th. This is a positive change from Bank of Communications's previous dividend of $0.49. This represents a dividend yield of 10.09%. Bank of Communications's dividend payout ratio (DPR) is currently 26.87%.
About Bank of Communications
(
Get Free Report)
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.
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