Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) announced a dividend on Tuesday, July 1st, investing.com reports. Shareholders of record on Friday, July 4th will be paid a dividend of 0.3506 per share on Friday, September 5th. This represents a dividend 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. Price Performance
Shares of Industrial & Commercial Bank of China Ltd. stock traded down $0.66 during trading on Friday, reaching $15.44. 99,165 shares of the company's stock were exchanged, compared to its average volume of 39,829. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.91 and a current ratio of 0.91. Industrial & Commercial Bank of China Ltd. has a 1-year low of $10.38 and a 1-year high of $16.60. The company has a market cap of $275.15 billion, a P/E ratio of 5.74 and a beta of 0.16. The firm's 50-day moving average price is $14.84 and its 200 day moving average price is $14.04.
Industrial & Commercial Bank of China Ltd. Company Profile
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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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