Shares of China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY – Get Free Report) dropped 3.5% during trading on Wednesday . The stock traded as low as $3.86 and last traded at $3.86. Approximately 128 shares were traded during trading, a decline of 94% from the average daily volume of 2,254 shares. The stock had previously closed at $4.00.
China Minsheng Banking Stock Performance
The company has a market cap of $16.90 billion, a PE ratio of 4.24 and a beta of 0.24. The business’s 50-day moving average is $3.92 and its 200 day moving average is $3.72.
China Minsheng Banking Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Wednesday, October 30th were issued a $0.1278 dividend. The ex-dividend date was Wednesday, October 30th. China Minsheng Banking’s dividend payout ratio is currently 27.47%.
China Minsheng Banking Company Profile
China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.
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