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Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Increases Dividend to $0.35 Per Share

Industrial & Commercial Bank of China Ltd. logo with Finance background

Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) declared a dividend on Tuesday, July 1st, investing.com reports. Shareholders of record on Friday, July 4th will be given a dividend of 0.3506 per share on Friday, September 5th. This represents a yield of 4.17%. The ex-dividend date is Thursday, July 3rd. This is a 16.2% increase from Industrial & Commercial Bank of China Ltd.'s previous dividend of $0.30.

Industrial & Commercial Bank of China Ltd. Trading Down 4.1%

IDCBY traded down $0.66 during trading on Thursday, reaching $15.44. The company had a trading volume of 99,165 shares, compared to its average volume of 45,690. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $275.15 billion, a price-to-earnings ratio of 5.74 and a beta of 0.16. Industrial & Commercial Bank of China Ltd. has a 12-month low of $10.38 and a 12-month high of $16.60. The firm's 50-day simple moving average is $14.79 and its 200 day simple moving average is $14.00.

Industrial & Commercial Bank of China Ltd. Company Profile

(Get Free Report)

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

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Dividend History for Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY)

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