Banco de Chile (NYSE:BCH) Declares $2.10 Dividend

Banco de Chile (NYSE:BCH) announced a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Shareholders of record on Friday, March 21st will be paid a dividend of 2.1037 per share by the bank on Thursday, April 3rd. The ex-dividend date is Friday, March 21st.

Banco de Chile has increased its dividend by an average of 75.9% annually over the last three years.

Banco de Chile Price Performance

Shares of BCH opened at $26.91 on Friday. The firm’s 50-day simple moving average is $24.63 and its two-hundred day simple moving average is $24.25. Banco de Chile has a fifty-two week low of $20.93 and a fifty-two week high of $27.32. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.52 and a current ratio of 1.51. The stock has a market cap of $13.59 billion, a PE ratio of 10.72, a price-to-earnings-growth ratio of 6.08 and a beta of 0.44.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BCH. StockNews.com cut shares of Banco de Chile from a “hold” rating to a “sell” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. increased their price target on shares of Banco de Chile from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, January 24th.

Banco de Chile Company Profile

Banco de Chile, together with its subsidiaries, provides various banking services to customers in Chile. The company offers checking and debit accounts, debit and credit cards, and lines of credit; mortgage, consume, commercial, general purpose mortgage loans, and finance leases; and factoring services, mutual fund management, stock brokerage, foreign trade, payments and collections, insurance brokerage, including life and general insurance, as well as time deposits, savings instruments, and foreign currency services through branches under the Banco de Chile and Banco Edwards brands.