Kasikornbank Public (OTCMKTS:KPCPY) Trading Up 1.5%

Shares of Kasikornbank Public Company Limited (OTCMKTS:KPCPY – Get Rating) rose 1.5% during mid-day trading on Tuesday . The company traded as high as $15.94 and last traded at $15.56. Approximately 2,118 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 18,460 shares. The stock had previously closed at $15.34.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on Kasikornbank Public in a report on Tuesday, May 2nd. They issued a “sell” rating for the company.

Kasikornbank Public Stock Up 1.5 %

The firm’s 50 day moving average is $15.30 and its two-hundred day moving average is $16.16.

Kasikornbank Public Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 18th. Investors of record on Monday, April 17th were paid a dividend of $0.3195 per share. This is an increase from Kasikornbank Public’s previous dividend of $0.04. The ex-dividend date was Friday, April 14th. This represents a dividend yield of 2.34%.

About Kasikornbank Public

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Kasikornbank Public Co Ltd. engages in the commercial banking, securities, and other related businesses. It operates through the following segments: Corporate Business, Retail Business, Treasury and Capital Markets Business and World Business Group, Muang Thai Group Holding Businesses, and Others. The Corporate Business segment provides financial products and services to the high-net-worth individuals, government and state enterprises, and financial institutions.