CaixaBank, S.A. (OTCMKTS:CAIXY) Declares Dividend Increase – $0.06 Per Share

CaixaBank, S.A. (OTCMKTS:CAIXY) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 22nd will be paid a dividend of 0.0631 per share on Friday, May 9th. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a 91.9% increase from CaixaBank’s previous dividend of $0.03.

CaixaBank Stock Performance

Shares of OTCMKTS CAIXY opened at $2.67 on Wednesday. CaixaBank has a 1 year low of $1.58 and a 1 year high of $2.75. The company has a 50 day simple moving average of $2.25 and a 200-day simple moving average of $2.04.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft lowered shares of CaixaBank from a “hold” rating to a “sell” rating in a research note on Thursday, March 6th. Finally, Royal Bank of Canada upgraded CaixaBank to a “hold” rating in a research report on Wednesday, January 15th.

About CaixaBank

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.