Bank of Queensland (OTCMKTS:BKQNY) Stock Price Down 4.6% – Here’s Why

Bank of Queensland Limited (OTCMKTS:BKQNY) shares traded down 4.6% during trading on Tuesday . The company traded as low as $9.01 and last traded at $9.01. 653 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 1,268 shares. The stock had previously closed at $9.44.

Bank of Queensland Stock Down 4.6 %

The business has a fifty day moving average of $8.65 and a 200 day moving average of $8.21.

Bank of Queensland Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, October 28th will be issued a dividend of $0.1816 per share. The ex-dividend date of this dividend is Monday, October 28th. Bank of Queensland’s dividend payout ratio is currently 75.18%.

About Bank of Queensland

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.