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China Construction Bank (OTCMKTS:CICHY) Shares Up 0.6% - What's Next?

China Construction Bank logo with Finance background

China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report)'s stock price rose 0.6% during mid-day trading on Tuesday . The company traded as high as $19.12 and last traded at $19.02. Approximately 27,018 shares changed hands during trading, a decline of 61% from the average daily volume of 69,557 shares. The stock had previously closed at $18.90.

China Construction Bank Trading Up 1.8%

The firm has a market cap of $242.14 billion, a PE ratio of 5.34 and a beta of 0.14. The business has a fifty day moving average of $17.30 and a 200-day moving average of $16.75.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.06). The business had revenue of $25.48 billion during the quarter, compared to analysts' expectations of $194.14 billion. China Construction Bank had a return on equity of 10.44% and a net margin of 24.10%.

China Construction Bank Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 5th will be given a $0.4379 dividend. This represents a dividend yield of 10.12%. This is a boost from China Construction Bank's previous dividend of $0.42. The ex-dividend date is Friday, May 2nd. China Construction Bank's dividend payout ratio is 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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