Bankinter SA (OTCMKTS:BKNIY) to Issue Dividend of $0.11

Bankinter SA (OTCMKTS:BKNIY) declared a dividend on Monday, June 23rd, investing.com reports. Investors of record on Tuesday, July 1st will be given a dividend of 0.1056 per share by the bank on Monday, July 7th. This represents a dividend yield of 3.59%. The ex-dividend date of this dividend is Monday, June 30th.

Bankinter Stock Performance

BKNIY opened at $13.01 on Monday. Bankinter has a twelve month low of $7.41 and a twelve month high of $13.48. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04. The company has a 50-day moving average price of $12.43 and a 200 day moving average price of $10.46.

Wall Street Analyst Weigh In

A number of research firms have commented on BKNIY. Barclays reiterated an “underweight” rating on shares of Bankinter in a report on Monday, April 14th. Kepler Capital Markets downgraded shares of Bankinter from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a report on Thursday, March 6th. Finally, UBS Group downgraded shares of Bankinter from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Bankinter currently has an average rating of “Hold”.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.