KE Holdings Inc. (NYSE:BEKE) Announces — Dividend of $0.36

KE Holdings Inc. (NYSE:BEKE) announced a — dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Wednesday, April 9th will be given a dividend of 0.36 per share on Tuesday, April 22nd. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a 110.5% increase from KE’s previous — dividend of $0.17.

KE Stock Performance

Shares of KE stock traded down $0.89 during midday trading on Wednesday, hitting $22.39. The company had a trading volume of 17,542,724 shares, compared to its average volume of 9,254,879. The company has a 50 day moving average of $19.68 and a 200 day moving average of $19.38. KE has a 52-week low of $12.49 and a 52-week high of $26.05. The stock has a market capitalization of $27.05 billion, a P/E ratio of 45.68, a P/E/G ratio of 3.45 and a beta of -0.82.

Analyst Upgrades and Downgrades

BEKE has been the topic of several recent analyst reports. Barclays increased their target price on KE from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Morgan Stanley raised their price target on KE from $19.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday.

KE Company Profile

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.