Bangkok Bank Public (OTCMKTS:BKKLY) Shares Up 5.5% – Here’s Why

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) shot up 5.5% during trading on Monday . The company traded as high as $22.70 and last traded at $21.55. 2,445 shares were traded during trading, a decline of 45% from the average session volume of 4,440 shares. The stock had previously closed at $20.42.

Bangkok Bank Public Trading Up 5.5 %

The business has a 50-day moving average price of $23.51 and a 200 day moving average price of $20.94.

Bangkok Bank Public Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, September 5th were given a dividend of $0.2131 per share. The ex-dividend date of this dividend was Thursday, September 5th. Bangkok Bank Public’s dividend payout ratio is currently 28.51%.

Bangkok Bank Public Company Profile

Bangkok Bank Public Company Limited provides various commercial banking products and services in Thailand and internationally. It operates through Domestic Banking, International Banking, Investment Banking, and Others segments. The company offers various personal banking products and services, including savings, current, fixed deposit, foreign currency, securities trading, and other accounts; home and personal loans, as well as loans for pensioners; mutual funds; bonds and debentures; life and non-life bancassurance products; payment, funds transfer, currency exchange and foreign instrument, and SMS services; debit, credit, and prepaid cards; and phone and Internet banking, mobile banking, ATMs, and other services.