CHINA CONSTR BK/ADR Announces Annual Dividend of $0.76 (OTCMKTS:CICHY)

CHINA CONSTR BK/ADR (OTCMKTS:CICHY) announced an annual dividend on Friday, May 8th, Zacks reports. Investors of record on Thursday, July 2nd will be paid a dividend of 0.762 per share on Friday, August 14th. This represents a yield of 4.81%. The ex-dividend date of this dividend is Wednesday, July 1st.

Shares of OTCMKTS:CICHY opened at $16.03 on Tuesday. The firm has a fifty day moving average price of $15.92 and a 200 day moving average price of $16.19. CHINA CONSTR BK/ADR has a 1-year low of $14.10 and a 1-year high of $17.73.

CHINA CONSTR BK/ADR (OTCMKTS:CICHY) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.92 EPS for the quarter. The firm had revenue of $26.16 billion for the quarter. As a group, research analysts expect that CHINA CONSTR BK/ADR will post 2.43 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on CICHY shares. ValuEngine downgraded shares of CHINA CONSTR BK/ADR from a “sell” rating to a “strong sell” rating in a report on Monday, March 9th. Zacks Investment Research cut shares of CHINA CONSTR BK/ADR from a “buy” rating to a “hold” rating in a research note on Thursday, May 21st.

CHINA CONSTR BK/ADR Company Profile

China Construction Bank Corporation provides various banking and related financial services in the People's Republic of China. It operates through Corporate Banking, Personal Banking, Treasury Business, and Others segments. The company offers personal banking products and services, such as foreign currency deposits, all in one accounts, and RMB deposits; personal business loans, personal car loans, and personal housing loans; physical gold for personal investment and personal gold accounts; credit cards; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products.

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