Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.91 and last traded at $13.85, with a volume of 33325 shares trading hands. The stock had previously closed at $13.65.
Industrial and Commercial Bank of China Price Performance
The firm has a market capitalization of $244.32 billion, a price-to-earnings ratio of 5.02 and a beta of 0.07. The company's 50 day moving average is $12.86 and its 200 day moving average is $12.09. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.66.
Industrial and Commercial Bank of China Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 3rd were paid a $0.3018 dividend. The ex-dividend date was Friday, January 3rd. Industrial and Commercial Bank of China's dividend payout ratio (DPR) is currently 22.34%.
About Industrial and Commercial Bank of China
(
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Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company 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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