Bank of the Philippine Islands (OTCMKTS:BPHLY) Trading Down 0.6% – Here’s Why

Bank of the Philippine Islands (OTCMKTS:BPHLY)’s stock price traded down 0.6% during trading on Friday . The stock traded as low as C$43.49 and last traded at C$43.49. 793 shares were traded during mid-day trading, a decline of 11% from the average session volume of 890 shares. The stock had previously closed at C$43.75.

Bank of the Philippine Islands Price Performance

The company’s 50 day moving average is C$43.72 and its 200 day moving average is C$44.39.

Bank of the Philippine Islands Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, January 6th. Stockholders of record on Wednesday, December 4th were paid a dividend of $0.6705 per share. The ex-dividend date was Wednesday, December 4th. This is an increase from Bank of the Philippine Islands’s previous dividend of $0.46.

About Bank of the Philippine Islands

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.