Bank of East Asia (OTCMKTS:BKEAY) Hits New 12-Month High - Here's Why

Key Points

• Bank of East Asia's stock has reached a new 12-month high of $1.70 during mid-day trading, significantly up from its previous close of $1.56.
• The company declared a dividend of $0.0399 per share, with an impressive yield of 474.0%, reflecting strong shareholder returns.
• Bank of East Asia offers a range of banking services, including personal banking, corporate accounts, and foreign currency deposits, catering to various customer needs.

The Bank of East Asia Ltd. (OTCMKTS:BKEAY - )'s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $1.70 and last traded at $1.70, with a volume of 201 shares traded. The stock had previously closed at $1.56.

Bank of East Asia Stock Performance

The firm has a 50-day moving average of $1.53 and a 200-day moving average of $1.46.

Bank of East Asia Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, October 23rd. Investors of record on Wednesday, September 10th were paid a dividend of $0.0399 per share. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a yield of 474.0%.

Bank of East Asia Company Profile

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.

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