Bancolombia SA (ADR) (CIB) Declares Special Dividend of $0.41
Bancolombia SA (NYSE:CIB) declared a special dividend on Friday, June 6th, AnalystRatingsNetwork reports. Shareholders of record on Thursday, June 26th will be given a dividend of 0.4078 per share on Friday, July 11th. The ex-dividend date of this dividend is Tuesday, June 24th.
A number of research firms have recently commented on CIB. Analysts at Zacks upgraded shares of Bancolombia SA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 13th. They now have a $58.10 price target on the stock. On the ratings front, analysts at TheStreet downgraded shares of Bancolombia SA from a “buy” rating to a “hold” rating in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $60.37.
Shares of Bancolombia SA (NYSE:CIB) traded up 0.88% on Friday, hitting $57.63. The stock had a trading volume of 231,237 shares. Bancolombia SA has a 52 week low of $42.77 and a 52 week high of $60.11. The stock has a 50-day moving average of $56.09 and a 200-day moving average of $51.56. The company has a market cap of $12.625 billion and a P/E ratio of 15.70.
Bancolombia SA (NYSE:CIB) last issued its quarterly earnings data on Tuesday, May 20th. The company reported $1.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.11. Analysts expect that Bancolombia SA will post $3.75 EPS for the current fiscal year.
Bancolombia SA is a Colombia-based financial institution primarily engaged, together with its subsidiaries, in the banking sector.
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