Agricultural Bank of China (OTCMKTS:ACGBY) Reaches New 12-Month High – Here’s What Happened

Agricultural Bank of China Limited (OTCMKTS:ACGBY)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $14.90 and last traded at $14.76, with a volume of 22640 shares trading hands. The stock had previously closed at $14.53.

Agricultural Bank of China Stock Up 1.6 %

The firm has a 50-day moving average of $13.72 and a two-hundred day moving average of $12.63. The stock has a market capitalization of $206.63 billion, a price-to-earnings ratio of 5.81 and a beta of 0.04.

Agricultural Bank of China Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, January 3rd were paid a $0.3101 dividend. The ex-dividend date was Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio (DPR) is currently 24.80%.

About Agricultural Bank of China

Agricultural Bank of China Limited, together with its subsidiaries, provides banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency call, time or demand optional, foreign exchange call, foreign exchange time, savings, agreed term, and negotiated deposit accounts, as well as certificates of deposit; and loans, including housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts.