KBC Group (OTCMKTS:KBCSY) Shares Up 0.7% – Should You Buy?

KBC Group NV (OTCMKTS:KBCSY) shares were up 0.7% on Friday . The company traded as high as $38.33 and last traded at $38.26. Approximately 30,911 shares changed hands during trading, a decline of 3% from the average daily volume of 32,005 shares. The stock had previously closed at $38.01.

KBC Group Price Performance

The company has a market cap of $31.95 billion, a P/E ratio of 9.84, a PEG ratio of 1.45 and a beta of 1.12. The stock’s 50-day moving average price is $37.20 and its 200-day moving average price is $37.36.

KBC Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.3313 per share. The ex-dividend date was Wednesday, November 13th. This is a positive change from KBC Group’s previous dividend of $0.23. KBC Group’s dividend payout ratio is presently 16.20%.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.