CaixaBank, S.A. (OTCMKTS:CAIXY) Plans Dividend of $0.06

CaixaBank, S.A. (OTCMKTS:CAIXY) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 22nd will be paid a dividend of 0.0631 per share on Friday, May 9th. The ex-dividend date is Tuesday, April 22nd. This is a 91.9% increase from CaixaBank’s previous dividend of $0.03.

CaixaBank Stock Performance

CAIXY opened at $2.62 on Thursday. CaixaBank has a twelve month low of $1.58 and a twelve month high of $2.75. The company has a 50-day moving average price of $2.26 and a 200 day moving average price of $2.04.

Analysts Set New Price Targets

Several research firms have recently weighed in on CAIXY. Keefe, Bruyette & Woods downgraded CaixaBank from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft cut CaixaBank from a “hold” rating to a “sell” rating in a report on Thursday, March 6th. Finally, Royal Bank of Canada raised CaixaBank to a “hold” rating in a research note on Wednesday, January 15th.

About CaixaBank

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.