Standard Chartered PLC (OTCMKTS:SCBFF) Announces Dividend Increase – $0.28 Per Share

Standard Chartered PLC (OTCMKTS:SCBFF) announced 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 Up 0.7 %

Shares of OTCMKTS SCBFF opened at $15.51 on Thursday. Standard Chartered has a 1 year low of $7.70 and a 1 year high of $16.43. The firm has a market cap of $38.06 billion, a price-to-earnings ratio of 13.97 and a beta of 0.67. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. The stock’s 50-day simple moving average is $14.08 and its 200-day simple moving average is $12.27.

Standard Chartered (OTCMKTS:SCBFF) last announced its earnings results 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 for the quarter. As a group, equities analysts anticipate that Standard Chartered will post 1.66 earnings per share for the current fiscal year.

About Standard Chartered

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.