Crédit Agricole (OTCMKTS:CRARY) Reaches New 1-Year High Following Dividend Announcement

Crédit Agricole S.A. (OTCMKTS:CRARY) shares reached a new 52-week high during trading on Tuesday after the company announced a dividend. The company traded as high as $9.98 and last traded at $9.93, with a volume of 151575 shares. The stock had previously closed at $9.78.

The newly announced dividend which will be paid on Thursday, June 12th. Shareholders of record on Monday, May 26th will be paid a dividend of $0.4286 per share. The ex-dividend date is Friday, May 23rd. This represents a yield of 4.38%. Crédit Agricole’s payout ratio is 33.04%.

Crédit Agricole Trading Up 1.5%

The business’s 50-day simple moving average is $9.17 and its 200 day simple moving average is $7.97. The company has a market capitalization of $60.09 billion, a P/E ratio of 8.79 and a beta of 1.07.

Crédit Agricole (OTCMKTS:CRARY) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). Crédit Agricole had a net margin of 24.66% and a return on equity of 30.74%. The firm had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.18 billion.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.