Bank of Queensland Limited (OTCMKTS:BKQNY – Get Free Report) dropped 4.6% on Tuesday . The company traded as low as $9.01 and last traded at $9.01. Approximately 653 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 1,268 shares. The stock had previously closed at $9.44.
Bank of Queensland Price Performance
The company has a 50-day moving average price of $8.65 and a 200-day moving average price of $8.21.
Bank of Queensland Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, October 28th will be paid a dividend of $0.1816 per share. The ex-dividend date is Monday, October 28th. Bank of Queensland’s payout ratio is 75.18%.
About Bank of Queensland
Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.
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