BYD Company Limited (OTCMKTS:BYDDY) Declares Dividend Increase – $0.72 Per Share

BYD Company Limited (OTCMKTS:BYDDYGet Free Report) declared a dividend on Friday, May 17th, NASDAQ reports. Stockholders of record on Wednesday, June 12th will be paid a dividend of 0.7221 per share on Wednesday, August 21st. The ex-dividend date is Wednesday, June 12th. This is an increase from BYD’s previous dividend of $0.26.

BYD Stock Performance

Shares of OTCMKTS BYDDY opened at $57.32 on Friday. The stock’s fifty day moving average price is $53.85 and its two-hundred day moving average price is $53.38. The firm has a market cap of $85.35 billion, a price-to-earnings ratio of 20.47, a P/E/G ratio of 2.07 and a beta of 0.41. BYD has a one year low of $43.62 and a one year high of $71.70. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.66 and a quick ratio of 0.44.

Wall Street Analyst Weigh In

Several research analysts have commented on BYDDY shares. Nomura assumed coverage on shares of BYD in a research report on Wednesday, February 28th. They set a “buy” rating for the company. Macquarie started coverage on BYD in a report on Monday, April 15th. They set an “outperform” rating for the company.

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BYD Company Profile

(Get Free Report)

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.

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