China Minsheng Banking (OTCMKTS:CMAKY) Trading 1% Higher

Shares of China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) traded up 1% on Thursday . The company traded as high as $3.78 and last traded at $3.66. 2,051 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 2,279 shares. The stock had previously closed at $3.62.

China Minsheng Banking Price Performance

The stock has a market cap of $16.00 billion, a price-to-earnings ratio of 3.65 and a beta of 0.27. The business’s fifty day moving average is $3.66 and its two-hundred day moving average is $3.45.

China Minsheng Banking (OTCMKTS:CMAKY) last posted its quarterly earnings results on Monday, April 29th. The company reported $0.43 EPS for the quarter. China Minsheng Banking had a net margin of 12.32% and a return on equity of 5.56%. The company had revenue of $4.79 billion during the quarter.

China Minsheng Banking Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, August 19th. Stockholders of record on Tuesday, July 2nd will be given a dividend of $0.2185 per share. The ex-dividend date is Tuesday, July 2nd.

About China Minsheng Banking

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.