Bank of East Asia (OTCMKTS:BKEAY) Reaches New 52-Week High – Still a Buy?

The Bank of East Asia, Limited (OTCMKTS:BKEAYGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $1.48 and last traded at $1.48, with a volume of 2630 shares changing hands. The stock had previously closed at $1.48.

Bank of East Asia Price Performance

The company has a 50 day moving average of $1.31 and a 200-day moving average of $1.26.

Bank of East Asia Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 21st. Stockholders of record on Thursday, March 6th will be given a dividend of $0.0391 per share. This is a positive change from Bank of East Asia’s previous dividend of $0.03. The ex-dividend date is Thursday, March 6th.

About Bank of East Asia

(Get Free Report)

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.

Further Reading

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