CaixaBank, S.A. (OTCMKTS:CAIXY) Increases Dividend to $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 given 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

CaixaBank stock opened at $2.67 on Wednesday. The stock’s 50 day moving average price is $2.25 and its 200 day moving average price is $2.04. CaixaBank has a 1-year low of $1.58 and a 1-year high of $2.75.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CAIXY. Deutsche Bank Aktiengesellschaft cut shares of CaixaBank from a “hold” rating to a “sell” rating in a research note on Thursday, March 6th. Keefe, Bruyette & Woods cut shares of CaixaBank from a “moderate buy” rating to a “hold” rating in a report on Monday, February 24th. Finally, Royal Bank of Canada upgraded CaixaBank to a “hold” rating in a report on Wednesday, January 15th.

CaixaBank Company Profile

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.