Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $12.54 and last traded at $12.16, with a volume of 29840 shares changing hands. The stock had previously closed at $11.95.
Industrial and Commercial Bank of China Stock Performance
The company has a market capitalization of $209.66 billion, a price-to-earnings ratio of 4.26 and a beta of 0.13. The firm has a 50-day simple moving average of $11.44 and a two-hundred day simple moving average of $10.93.
Industrial and Commercial Bank of China Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Tuesday, July 9th will be given a $0.6897 dividend. The ex-dividend date of this dividend is Tuesday, July 9th.
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.
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