Danske Bank A/S (OTCMKTS:DNKEY) Trading Down 0.9%

Shares of Danske Bank A/S (OTCMKTS:DNKEY) were down 0.9% on Tuesday . The stock traded as low as $15.37 and last traded at $15.58. Approximately 5,114 shares changed hands during trading, a decline of 80% from the average daily volume of 24,972 shares. The stock had previously closed at $15.72.

Danske Bank A/S Stock Down 0.9 %

The stock’s fifty day simple moving average is $15.17 and its two-hundred day simple moving average is $14.90. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.72 and a quick ratio of 1.72. The company has a market capitalization of $26.68 billion, a price-to-earnings ratio of 8.56 and a beta of 0.96.

Danske Bank A/S (OTCMKTS:DNKEY) last released its quarterly earnings data on Friday, July 19th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.03. Danske Bank A/S had a net margin of 41.10% and a return on equity of 13.02%. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.98 billion. On average, sell-side analysts predict that Danske Bank A/S will post 1.9 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 29th were issued a dividend of $0.391 per share. This is an increase from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date was Monday, July 29th. This represents a dividend yield of 2.42%. Danske Bank A/S’s payout ratio is 42.31%.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.