Bank of Queensland Limited (OTCMKTS:BKQNY – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 700 shares, an increase of 250.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 0.9 days.
Bank of Queensland Stock Performance
Shares of Bank of Queensland stock remained flat at $8.15 on Monday. Bank of Queensland has a 1-year low of $7.11 and a 1-year high of $9.44. The firm’s 50-day moving average price is $8.13 and its two-hundred day moving average price is $8.34.
Bank of Queensland Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, June 9th. Shareholders of record on Friday, May 2nd will be given a $0.1834 dividend. This is a boost from Bank of Queensland’s previous dividend of $0.18. The ex-dividend date is Thursday, May 1st. This represents a yield of 4.41%. Bank of Queensland’s dividend payout ratio is presently 75.18%.
About Bank of Queensland
Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.
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