BDO Unibank, Inc. (OTCMKTS:BDOUY) to Issue Dividend Increase – $4.45 Per Share

BDO Unibank, Inc. (OTCMKTS:BDOUY – Get Rating) declared a dividend on Saturday, March 18th, investing.com reports. Investors of record on Monday, March 27th will be given a dividend of 4.4543 per share on Friday, March 31st. This represents a yield of 18.29%. The ex-dividend date of this dividend is Friday, March 24th. This is a boost from BDO Unibank’s previous dividend of $0.09.

BDO Unibank Stock Up 6.7 %

OTCMKTS:BDOUY opened at $27.98 on Friday. BDO Unibank has a 52-week low of $17.80 and a 52-week high of $29.80. The business’s 50-day moving average price is $26.96 and its 200 day moving average price is $23.44.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised shares of BDO Unibank from a “neutral” rating to an “overweight” rating in a report on Monday, January 30th.

About BDO Unibank

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BDO Unibank, Inc engages in the provision of commercial banking services. It operates through the following segments: Commercial Banking, Investment Banking, Private Banking, Leasing and Financing, Insurance, and Others. The Commercial Banking segment handles the entire lending, trade financing, and cash management services for corporate and retail customers.