Bank of East Asia Ltd (OTCMKTS:BKEAY) Announces Semi-Annual Dividend of $0.01

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Bank of East Asia Ltd (OTCMKTS:BKEAY) announced a Semi-Annual dividend on Friday, August 23rd, Zacks reports. Shareholders of record on Thursday, September 5th will be given a dividend of 0.012 per share by the bank on Tuesday, October 15th. The ex-dividend date is Wednesday, September 4th.

Shares of OTCMKTS:BKEAY opened at $2.52 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.01. Bank of East Asia has a 52-week low of $2.45 and a 52-week high of $3.87. The stock’s fifty day simple moving average is $2.69 and its 200-day simple moving average is $3.03. The company has a market capitalization of $7.16 billion, a P/E ratio of 9.67 and a beta of 0.99.

Several analysts have recently issued reports on BKEAY shares. Zacks Investment Research downgraded Bank of East Asia from a “hold” rating to a “sell” rating in a research report on Monday, August 26th. CICC Research downgraded Bank of East Asia from a “hold” rating to a “sell” rating in a research report on Thursday, June 13th.

Bank of East Asia Company Profile

The Bank of East Asia, Limited provides various banking and related financial services. It operates through eight segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, Mainland China Operations, and Overseas Operations. The company offers various commercial and personal banking, financial, and insurance services.

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