PICC Property and Casualty Company Limited (OTCMKTS:PPCCY – Get Free Report) shares shot up 1.3% during mid-day trading on Thursday . The company traded as high as $38.75 and last traded at $38.75. 3,630 shares changed hands during mid-day trading, an increase of 59% from the average session volume of 2,283 shares. The stock had previously closed at $38.25.
PICC Property and Casualty Stock Performance
The stock’s 50-day moving average is $38.90 and its 200-day moving average is $36.02.
PICC Property and Casualty Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, November 1st were given a dividend of $0.5872 per share. The ex-dividend date was Friday, November 1st. PICC Property and Casualty’s dividend payout ratio (DPR) is currently 49.94%.
About PICC Property and Casualty
PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle, Accidental Injury and Health, Agriculture, Liability, Commercial Property, and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, household property, cargo, credit and surety, accidental injury, and other insurance products.
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