China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $19.86 and last traded at $19.81, with a volume of 33173 shares trading hands. The stock had previously closed at $19.32.
China Construction Bank Stock Performance
The stock has a market cap of $247.64 billion, a price-to-earnings ratio of 5.46 and a beta of 0.14. The firm's 50-day simple moving average is $17.58 and its two-hundred day simple moving average is $16.89.
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 for the quarter, missing analysts' consensus estimates 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 was paid on Thursday, June 12th. Stockholders of record on Monday, May 5th were given a dividend of $0.4379 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a dividend yield of 10.12%. This is an increase from China Construction Bank's previous dividend of $0.42. China Construction Bank's payout ratio is presently 24.30%.
About China Construction Bank
(
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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