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

Agricultural Bank of China Limited (OTCMKTS:ACGBY) shares reached a new 52-week high during trading on Monday . The company traded as high as $13.82 and last traded at $13.80, with a volume of 32521 shares trading hands. The stock had previously closed at $13.46.

Agricultural Bank of China Stock Up 2.9 %

The stock has a 50-day simple moving average of $12.78 and a two-hundred day simple moving average of $11.78. The firm has a market cap of $198.79 billion, a PE ratio of 5.59 and a beta of 0.08.

Agricultural Bank of China Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, February 10th. Investors of record on Friday, January 3rd will be given a $0.3101 dividend. The ex-dividend date of this dividend is Friday, January 3rd. Agricultural Bank of China’s payout ratio is 24.41%.

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.