Industrial & Cmrcl Bnk f China Ltd Declares Annual Dividend of $0.60 (OTCMKTS:IDCBY)

Industrial & Cmrcl Bnk f China Ltd (OTCMKTS:IDCBY) declared an annual dividend on Tuesday, June 11th, Zacks reports. Stockholders of record on Tuesday, June 25th will be paid a dividend of 0.601 per share on Wednesday, August 7th. This represents a dividend yield of 4.14%. The ex-dividend date is Monday, June 24th.

Shares of IDCBY stock traded up $0.05 on Friday, hitting $14.04. The company had a trading volume of 26,972 shares, compared to its average volume of 39,431. The stock has a market capitalization of $250.20 billion, a price-to-earnings ratio of 5.64 and a beta of 1.02. Industrial & Cmrcl Bnk f China has a twelve month low of $12.88 and a twelve month high of $15.82. The company’s 50-day simple moving average is $14.42.

Separately, ValuEngine raised Valmont Industries from a “sell” rating to a “hold” rating in a report on Friday.

About Industrial & Cmrcl Bnk f China

Industrial and Commercial Bank of China Limited provides various banking products and services primarily in China and internationally. It 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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