Credicorp Ltd. (NYSE:BAP – Get Free Report) announced an annual dividend on Tuesday, September 17th, Wall Street Journal reports. Stockholders of record on Monday, September 23rd will be paid a dividend of 2.9084 per share by the bank on Friday, October 18th. This represents a dividend yield of 3.8%. The ex-dividend date is Monday, September 23rd.
Credicorp has decreased its dividend by an average of 6.1% annually over the last three years. Credicorp has a dividend payout ratio of 44.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Credicorp to earn $21.22 per share next year, which means the company should continue to be able to cover its $9.29 annual dividend with an expected future payout ratio of 43.8%.
Credicorp Stock Down 0.4 %
Credicorp stock opened at $179.40 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.54. Credicorp has a 1-year low of $116.42 and a 1-year high of $182.82. The company has a fifty day simple moving average of $170.74 and a 200 day simple moving average of $168.09. The company has a market cap of $14.27 billion, a P/E ratio of 10.65, a price-to-earnings-growth ratio of 0.59 and a beta of 1.14.
Credicorp Company Profile
Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.
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