Credicorp Ltd. (BAP) Plans Annual Dividend of $2.60
Credicorp (NYSE:BAP) announced a annual dividend on Friday, March 8th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $2.60 per share on Friday, May 10th. This represents a dividend yield of 1.64%. The ex-dividend date is Friday, April 12th.
BAP has been the subject of a number of recent research reports. Analysts at JPMorgan Chase downgraded shares of Credicorp from an “overweight” rating to a “neutral” rating in a research note to investors on Monday, February 4th. Analysts at Barclays Capital raised their price target on shares of Credicorp from $155.00 to $158.00 in a research note to investors on Thursday, January 3rd. They now have an “equal weight” rating on the stock.
Six analysts have rated the stock with a buy rating, two have issued an overweight rating, five have assigned a hold rating, and one has assigned an underweight rating to the company’s stock. The stock has an average rating of “overweight” and an average price target of $162.12.
Shares of Credicorp (BAP) traded down 0.19% during mid-day trading on Friday, hitting $158.79. Credicorp (BAP) has a 52 week low of $110.15 and a 52 week high of $160.70. The stock’s 50-day moving average is currently $151.7. The company has a market cap of $12.665 billion and a P/E ratio of 16.09.
Credicorp Ltd. (Credicorp) is a financial services holding company. The Company is engaged principally in banking, insurance (including commercial property, transportation and marine hull, automobile, life, health and underwriting insurance), pension funds (including private pension fund management services), and brokerage and other (including brokerage, trust, custody and securitization services, asset management, and trading and investment).
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