Akbank T.A.S. Plans Dividend of $0.07 (OTCMKTS:AKBTY)

Akbank T.A.S. (OTCMKTS:AKBTY) announced a dividend on Monday, March 10th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0669 per share on Friday, April 4th. The ex-dividend date is Thursday, March 27th.

Akbank T.A.S. Stock Performance

OTCMKTS:AKBTY traded up $0.14 during trading on Tuesday, reaching $4.01. The company’s stock had a trading volume of 15,370 shares, compared to its average volume of 25,578. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.69. Akbank T.A.S. has a 12 month low of $2.45 and a 12 month high of $4.46. The firm has a 50 day moving average of $3.69 and a 200-day moving average of $3.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.10 earnings per share for the quarter. Akbank T.A.S. had a return on equity of 18.44% and a net margin of 7.38%.

About Akbank T.A.S.

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.