China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $18.61 and last traded at $18.56, with a volume of 72703 shares traded. The stock had previously closed at $18.41.
China Construction Bank Stock Performance
The company has a 50-day moving average price of $17.23 and a 200-day moving average price of $16.66. The firm has a market capitalization of $232.01 billion, a price-to-earnings ratio of 5.11 and a beta of 0.11.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.06). China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%. The company had revenue of $25.48 billion during the quarter, compared to analyst estimates of $194.14 billion.
China Construction Bank Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Monday, May 5th will be issued a $0.4379 dividend. This represents a yield of 10.12%. This is a positive change from China Construction Bank's previous dividend of $0.42. The ex-dividend date of this dividend is Friday, May 2nd. China Construction Bank's dividend payout ratio is 24.30%.
China Construction Bank Company Profile
(
Get Free Report)
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.
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