Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $15.90, but opened at $15.20. Industrial & Commercial Bank of China Ltd. shares last traded at $15.75, with a volume of 1,012 shares trading hands.
Industrial & Commercial Bank of China Ltd. Stock Down 0.8%
The stock has a 50-day simple moving average of $15.02 and a two-hundred day simple moving average of $14.14. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.89. The firm has a market cap of $281.08 billion, a PE ratio of 5.86 and a beta of 0.16.
Industrial & Commercial Bank of China Ltd. Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, July 4th will be issued a $0.3506 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a dividend yield of 4.17%. This is an increase from Industrial & Commercial Bank of China Ltd.'s previous dividend of $0.30. Industrial & Commercial Bank of China Ltd.'s payout ratio is currently 26.02%.
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.
Featured Stories
Before you consider Industrial & Commercial Bank of China Ltd., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Industrial & Commercial Bank of China Ltd. wasn't on the list.
While Industrial & Commercial Bank of China Ltd. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
