Bank of the Philippine Islands (OTCMKTS:BPHLY) Trading Up 4.3% – Time to Buy?

Bank of the Philippine Islands (OTCMKTS:BPHLYGet Free Report) rose 4.3% during trading on Friday . The stock traded as high as C$50.06 and last traded at C$50.06. Approximately 784 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 591 shares. The stock had previously closed at C$48.00.

Bank of the Philippine Islands Price Performance

The firm has a fifty day moving average of C$48.83 and a 200 day moving average of C$45.55.

Bank of the Philippine Islands Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, June 11th will be issued a $0.4906 dividend. The ex-dividend date is Tuesday, June 10th. This represents a yield of 1.87%.

About Bank of the Philippine Islands

(Get Free Report)

Bank of the Philippine Islands, together with its subsidiaries, provides various financial products and services to retail and corporate clients in the Philippines. It operates through Consumer Banking, Corporate Banking, and Investment Banking segments. The Consumer Banking segment offers deposit taking and servicing; and consumer lending, such as home mortgages, auto loans, and credit card finance, as well as remittance services to individual and retail markets.

Further Reading

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