Standard Chartered PLC (OTCMKTS:SCBFF) Raises Dividend to $0.28 Per Share

Standard Chartered PLC (OTCMKTS:SCBFF) declared a dividend on Thursday, March 20th, investing.com reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.28 per share on Monday, May 19th. The ex-dividend date is Thursday, March 27th. This is a 211.1% increase from Standard Chartered’s previous dividend of $0.09.

Standard Chartered Stock Down 7.4 %

Shares of SCBFF opened at $14.35 on Friday. Standard Chartered has a one year low of $7.70 and a one year high of $16.43. The company has a market cap of $35.22 billion, a P/E ratio of 12.93 and a beta of 0.67. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a 50 day simple moving average of $14.19 and a two-hundred day simple moving average of $12.32.

Standard Chartered (OTCMKTS:SCBFF) last posted its quarterly earnings results on Friday, February 21st. The company reported $0.28 EPS for the quarter. The company had revenue of $4.80 billion during the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. Research analysts forecast that Standard Chartered will post 1.66 EPS for the current fiscal year.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.