CaixaBank, S.A. (OTCMKTS:CAIXY) Increases Dividend to $0.06 Per Share

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 22nd will be paid a dividend of 0.0631 per share on Friday, May 9th. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a 91.9% increase from CaixaBank's previous dividend of $0.03.

CaixaBank Stock Down 1.5 %

CAIXY traded down $0.04 during trading hours on Friday, reaching $2.60. The company's stock had a trading volume of 329,177 shares, compared to its average volume of 361,642. The company's 50-day moving average is $2.29 and its 200-day moving average is $2.05. CaixaBank has a 52 week low of $1.58 and a 52 week high of $2.75.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Royal Bank of Canada upgraded shares of CaixaBank to a "hold" rating in a research note on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft downgraded shares of CaixaBank from a "hold" rating to a "sell" rating in a research report on Thursday, March 6th. Finally, Keefe, Bruyette & Woods downgraded CaixaBank from a "moderate buy" rating to a "hold" rating in a research report on Monday, February 24th.

CaixaBank Company Profile

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.