KE Holdings Inc. (NYSE:BEKE) Increases Dividend to $0.36 Per Share

KE Holdings Inc. (NYSE:BEKE) declared a — dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.36 per share on Tuesday, April 22nd. This represents a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a 110.5% increase from KE’s previous — dividend of $0.17.

KE Price Performance

BEKE traded down $0.89 during midday trading on Wednesday, reaching $22.39. 17,542,724 shares of the company’s stock traded hands, compared to its average volume of 9,254,879. The firm has a fifty day moving average of $19.68 and a two-hundred day moving average of $19.38. The stock has a market capitalization of $27.05 billion, a price-to-earnings ratio of 45.68, a P/E/G ratio of 3.45 and a beta of -0.82. KE has a 52 week low of $12.49 and a 52 week high of $26.05.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BEKE shares. Morgan Stanley increased their target price on KE from $19.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday. Barclays increased their target price on KE from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Monday, November 25th.

KE Company Profile

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.