Akbank T.A.S. (OTCMKTS:AKBTY) Declares $0.07 Dividend

Akbank T.A.S. (OTCMKTS:AKBTY) announced a dividend on Monday, March 10th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.0669 per share on Friday, April 4th. The ex-dividend date of this dividend is Thursday, March 27th.

Akbank T.A.S. Stock Up 3.5 %

OTCMKTS AKBTY traded up $0.14 during trading on Tuesday, hitting $4.01. 15,370 shares of the stock traded hands, compared to its average volume of 25,578. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.10. Akbank T.A.S. has a 12-month low of $2.45 and a 12-month high of $4.46. The firm has a 50-day simple moving average of $3.69 and a 200-day simple moving average of $3.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last posted its earnings results on Friday, January 31st. The company reported $0.10 earnings per share for the quarter. Akbank T.A.S. had a net margin of 7.38% and a return on equity of 18.44%.

Akbank T.A.S. Company Profile

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.