OVERSEA-CHINESE / ADR (OTCMKTS: OVCHY) increases the dividend to $ 0.26 per share

OVERSEA-CHINESE / ADR (OTCMKTS: OVCHY) announced a semi-annual dividend on Monday, August 6, Zacks reports. Investors of record on Thursday, August 16 will receive a dividend of 0.257 per share on Tuesday, October 23rd. The ex-dividend date of this dividend is Wednesday 15 August. This is a positive change from the previous semi-annual dividend of OVERSEA-CHINESE / ADR of $ 0.26.

OTCMKTS: OVCHY opened Friday at $ 16.40. The stock has a market capitalization of $ 34.38 billion, a P / E ratio of 12.52 and a beta of 0.56. OVERSEA-CHINESE / ADR has a lowest point in one year of $ 15.94 and a highest point in one year of $ 21.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.90.

A number of equity analysts recently responded to the company. ValuEngine downgraded OVERSEA-CHINESE / ADR from a "hold" rating to a "sell" rating in a study letter on Friday 3 August. Zacks Investment Research relegated OVERSEA-CHINESE / ADR from a "hold" rating to a "sell" rating in a study letter on Friday, August 3.


Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific and internationally. The company's Global Consumer / Private Banking segment offers a range of products and services to private individuals, including payment accounts, savings deposits and fixed deposits & # 39; s; housing and other personal loans; credit cards; asset management products consisting of unit trusts, bancassurance products and structured deposits & # 39; s; and mediation services.

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