Banco de Sabadell (OTCMKTS:BNDSY) Stock Price Down 4.2% – What’s Next?

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) shares traded down 4.2% during trading on Thursday . The company traded as low as $3.78 and last traded at $3.78. 161 shares changed hands during trading, a decline of 96% from the average session volume of 4,154 shares. The stock had previously closed at $3.95.

Banco de Sabadell Stock Performance

The stock has a 50 day simple moving average of $4.02 and a 200 day simple moving average of $3.95.

Banco de Sabadell Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th were paid a dividend of $0.1084 per share. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from Banco de Sabadell’s previous dividend of $0.05. Banco de Sabadell’s payout ratio is currently 8.42%.

About Banco de Sabadell

Banco de Sabadell, SA provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.