Citic Ltd. (OTCMKTS:CTPCY) Raises Dividend to $0.23 Per Share

Citic Ltd. (OTCMKTS:CTPCY) announced a dividend on Saturday, June 21st, investing.com reports. Shareholders of record on Tuesday, July 1st will be given a dividend of 0.2306 per share on Monday, August 25th. This represents a dividend yield of 4.97%. The ex-dividend date of this dividend is Monday, June 30th. This is a 96.2% increase from Citic’s previous dividend of $0.12.

Citic Stock Performance

Shares of Citic stock opened at $7.00 on Monday. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 1.31. The firm’s 50 day moving average price is $6.13 and its 200-day moving average price is $5.91. Citic has a 52-week low of $4.27 and a 52-week high of $7.20.

Citic Company Profile

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.