Agricultural Bank of China (OTCMKTS:ACGBF) Shares Down 5% – Here’s What Happened

Agricultural Bank of China Limited (OTCMKTS:ACGBF)’s stock price fell 5% during trading on Friday . The stock traded as low as $0.55 and last traded at $0.55. 67,570 shares traded hands during mid-day trading, an increase of 74% from the average session volume of 38,841 shares. The stock had previously closed at $0.58.

Agricultural Bank of China Price Performance

The firm has a fifty day moving average of $0.53 and a 200 day moving average of $0.49.

Agricultural Bank of China Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were paid a $0.1164 dividend. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 2.85%. Agricultural Bank of China’s payout ratio is presently 31.95%.

About Agricultural Bank of China

Agricultural Bank of China Limited, together with its subsidiaries, provides banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency call, time or demand optional, foreign exchange call, foreign exchange time, savings, agreed term, and negotiated deposit accounts, as well as certificates of deposit; and loans, including housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts.