Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Declares Dividend of $0.69

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) declared a dividend on Thursday, June 27th, NASDAQ reports. Investors of record on Tuesday, July 9th will be paid a dividend of 0.6897 per share on Tuesday, September 3rd. The ex-dividend date is Tuesday, July 9th.

Industrial and Commercial Bank of China Stock Down 1.4 %

IDCBY stock traded down $0.16 during mid-day trading on Thursday, hitting $11.60. 14,520 shares of the company were exchanged, compared to its average volume of 65,540. The firm has a market cap of $206.72 billion, a P/E ratio of 4.18 and a beta of 0.15. Industrial and Commercial Bank of China has a 1-year low of $8.50 and a 1-year high of $12.13. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.91 and a current ratio of 0.91. The firm’s 50 day simple moving average is $11.25 and its 200 day simple moving average is $10.32.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY) last posted its quarterly earnings data on Monday, April 29th. The company reported $0.67 EPS for the quarter. The business had revenue of $29.35 billion for the quarter. Industrial and Commercial Bank of China had a net margin of 23.98% and a return on equity of 9.96%.

About Industrial and Commercial Bank of China

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.