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Standard Chartered PLC (OTCMKTS:SCBFF) Announces Dividend of $0.28

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Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) declared a dividend on Thursday, March 20th, investing.com reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.28 per share on Monday, May 19th. The ex-dividend date is Thursday, March 27th. This is a 211.1% increase from Standard Chartered's previous dividend of $0.09.

Standard Chartered Stock Down 7.4 %

Standard Chartered stock traded down $1.16 during trading hours on Monday, hitting $14.35. The company had a trading volume of 304 shares, compared to its average volume of 6,378. Standard Chartered has a fifty-two week low of $7.70 and a fifty-two week high of $16.43. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $35.22 billion, a P/E ratio of 12.93 and a beta of 0.67. The firm's fifty day moving average is $14.24 and its 200-day moving average is $12.39.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last announced its quarterly earnings data on Friday, February 21st. The company reported $0.28 earnings per share (EPS) for the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. The business had revenue of $4.80 billion during the quarter. On average, research analysts forecast that Standard Chartered will post 1.66 earnings per share for the current year.

About Standard Chartered

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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