China National Building Material (OTCMKTS:CBUMY) Trading 4.6% Higher – Here’s Why

China National Building Material Company Limited (OTCMKTS:CBUMYGet Free Report)’s share price traded up 4.6% during trading on Tuesday . The company traded as high as $22.78 and last traded at $22.78. 286 shares traded hands during trading, a decline of 77% from the average session volume of 1,265 shares. The stock had previously closed at $21.78.

China National Building Material Stock Performance

The stock has a 50 day simple moving average of $25.18 and a 200 day simple moving average of $23.90.

China National Building Material Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, May 5th will be paid a $0.9039 dividend. The ex-dividend date of this dividend is Friday, May 2nd. This represents a dividend yield of 3.55%.

About China National Building Material

(Get Free Report)

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.

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