KBC Group (OTCMKTS:KBCSY) Shares Up 2.2% – What’s Next?

KBC Group NV (OTCMKTS:KBCSY)’s share price traded up 2.2% during mid-day trading on Monday . The company traded as high as $37.98 and last traded at $37.82. 41,474 shares changed hands during trading, an increase of 40% from the average session volume of 29,671 shares. The stock had previously closed at $36.99.

KBC Group Trading Down 1.3 %

The company has a market cap of $30.60 billion, a price-to-earnings ratio of 9.55, a P/E/G ratio of 1.40 and a beta of 1.17. The firm’s 50-day moving average price is $37.72 and its 200 day moving average price is $37.18.

KBC Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th will be paid a $0.3313 dividend. The ex-dividend date is Wednesday, November 13th. This is an increase from KBC Group’s previous dividend of $0.23. KBC Group’s dividend payout ratio (DPR) is currently 16.45%.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.