BOC Hong Kong (OTCMKTS:BHKLY) Shares Gap Up - Here's What Happened

Key Points

• BOC Hong Kong shares experienced a significant jump, opening at $105.00 after closing at $96.72, with a trading volume of 557 shares.
• The company has announced a dividend of $0.723 which yields an impressive 509.0%, to be paid out on October 3rd.
• BOC Hong Kong's current financial ratios include a debt-to-equity ratio of 0.23, indicating a stable financial position.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - )'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $96.72, but opened at $105.00. BOC Hong Kong shares last traded at $105.00, with a volume of 557 shares traded.

BOC Hong Kong Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.70 and a current ratio of 0.70. The business has a 50-day moving average of $92.88 and a 200 day moving average of $85.46.

BOC Hong Kong Cuts Dividend

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

About BOC Hong Kong

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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