KBC Group NV (OTCMKTS:KBCSY) Declares Dividend Increase – $0.33 Per Share

KBC Group NV (OTCMKTS:KBCSY) declared a dividend on Thursday, October 17th, NASDAQ reports. Shareholders of record on Wednesday, November 13th will be paid a dividend of 0.3313 per share on Friday, November 29th. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from KBC Group’s previous dividend of $0.23.

KBC Group Price Performance

Shares of KBCSY stock opened at $37.19 on Friday. The company has a market cap of $31.04 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 1.19 and a beta of 1.16. KBC Group has a 1 year low of $26.84 and a 1 year high of $40.32. The stock’s 50 day simple moving average is $38.22 and its two-hundred day simple moving average is $37.25.

KBC Group (OTCMKTS:KBCSY) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.21 earnings per share for the quarter. KBC Group had a return on equity of 12.44% and a net margin of 11.20%. The company had revenue of $3.02 billion for the quarter. Equities research analysts expect that KBC Group will post 5.93 EPS for the current year.

About KBC Group

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.