China Minsheng (CMAKY) To Go Ex-Dividend on September 12th

China Minsheng (OTCMKTS:CMAKY) announced a dividend on Saturday, September 6th, investing.com reports. Investors 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 of this dividend is Friday, September 12th. This is a 121.4% increase from China Minsheng’s previous dividend of $0.06.

China Minsheng Price Performance

Shares of OTCMKTS:CMAKY opened at $5.57 on Monday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $24.39 billion, a PE ratio of 6.05 and a beta of 0.35. China Minsheng has a 52 week low of $3.43 and a 52 week high of $6.72. The firm has a 50 day simple moving average of $5.91 and a 200 day simple moving average of $5.17.

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

About China Minsheng

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.