Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY - Get Free Report)'s share price gapped up prior to trading on Monday after the company announced a dividend. The stock had previously closed at $3.82, but opened at $4.02. Metallurgical Corp. of China shares last traded at $4.02, with a volume of 104 shares traded.
The newly announced dividend which will be paid on Friday, August 29th. Shareholders of record on Tuesday, July 29th will be paid a dividend of $0.1092 per share. The ex-dividend date is Monday, July 28th. This represents a dividend yield of 2.86%. Metallurgical Corp. of China's payout ratio is currently 13.70%.
Metallurgical Corp. of China Price Performance
The stock's fifty day moving average price is $3.80 and its 200-day moving average price is $3.87. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 5.51 and a beta of 0.65. The company has a current ratio of 1.04, a quick ratio of 0.92 and a debt-to-equity ratio of 0.33.
About Metallurgical Corp. of China
(
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Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company's Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.
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