Erste Group Bank AG (OTCMKTS:EBKDY) Announces Dividend Increase – $1.42 Per Share

Erste Group Bank AG (OTCMKTS:EBKDY) announced a dividend on Thursday, May 16th, NASDAQ reports. Investors of record on Tuesday, May 28th will be paid a dividend of 1.416 per share by the financial services provider on Monday, June 10th. The ex-dividend date of this dividend is Friday, May 24th. This is a positive change from Erste Group Bank’s previous dividend of $0.99.

Erste Group Bank Stock Performance

Shares of OTCMKTS EBKDY opened at $25.58 on Thursday. The firm has a market capitalization of $21.53 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 0.84 and a beta of 1.32. The stock has a 50 day moving average price of $23.25 and a 200 day moving average price of $21.42. Erste Group Bank has a 52-week low of $16.01 and a 52-week high of $25.97.

Erste Group Bank (OTCMKTS:EBKDY) last announced its quarterly earnings results on Thursday, February 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. The firm had revenue of $2.75 billion during the quarter. Erste Group Bank had a return on equity of 11.67% and a net margin of 14.34%. Analysts forecast that Erste Group Bank will post 3.88 earnings per share for the current year.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.