Bank of China (OTCMKTS:BACHY) Shares Pass Below 200-Day Moving Average of $9.60

Bank of China Limited (OTCMKTS:BACHYGet Rating)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.60 and traded as low as $8.71. Bank of China shares last traded at $8.72, with a volume of 53,448 shares.

Bank of China Trading Up 0.6 %

The stock’s fifty day moving average price is $9.36 and its 200-day moving average price is $9.59.

Bank of China Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, August 25th. Stockholders of record on Thursday, July 7th will be issued a dividend of $0.7319 per share. This represents a dividend yield of 7.36%. The ex-dividend date is Wednesday, July 6th. Bank of China’s payout ratio is 26.94%.

About Bank of China

(Get Rating)

Bank of China Limited, together with its subsidiaries, provides various banking and financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign currency, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions.

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