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BOC Hong Kong (OTCMKTS:BHKLY) Hits New 1-Year High - Here's Why

BOC Hong Kong logo with Finance background

Key Points

  • BOC Hong Kong's share price hit a new 52-week high of $100.87 during trading on Monday, before closing at $98.52.
  • The company recently declared a dividend of $0.723 per share, representing an impressive yield of 509.0%, with payment scheduled for October 3rd.
  • BOC Hong Kong operates through four key segments: Personal Banking, Corporate Banking, Treasury, and Insurance, providing a range of financial services to customers.
  • Interested in BOC Hong Kong? Here are five stocks we like better.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The stock traded as high as $100.87 and last traded at $98.52, with a volume of 624 shares. The stock had previously closed at $98.92.

BOC Hong Kong Trading Down 0.8%

The firm has a fifty day moving average of $92.57 and a 200 day moving average of $85.18. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.23.

BOC Hong Kong Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 3rd. Shareholders of record on Monday, September 15th will be given a dividend of $0.723 per share. The ex-dividend date is Friday, September 12th. This represents a yield of 509.0%.

About BOC Hong Kong

(Get Free Report)

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.

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