China Minsheng (OTCMKTS:CMAKY) Plans Dividend Increase – $0.13 Per Share

China Minsheng (OTCMKTS:CMAKY) announced a dividend on Saturday, September 6th, investing.com reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.1341 per share on Thursday, October 30th. This represents a dividend yield of 579.0%. The ex-dividend date is Friday, September 12th. This is a 121.4% increase from China Minsheng’s previous dividend of $0.06.

China Minsheng Price Performance

CMAKY opened at $5.57 on Wednesday. The stock has a market cap of $24.39 billion, a price-to-earnings ratio of 6.05 and a beta of 0.35. China Minsheng has a 1 year low of $3.43 and a 1 year high of $6.72. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.43. The stock has a fifty day moving average price of $5.93 and a 200 day moving average price of $5.18.

China Minsheng (OTCMKTS:CMAKY) last announced its quarterly earnings results on Friday, August 29th. The company reported $0.22 earnings per share for the quarter. China Minsheng had a return on equity of 4.72% and a net margin of 11.62%.The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.78 billion.

China Minsheng Company Profile

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.