China Eastern Airlines Corp. Ltd. Plans Special Dividend of $0.36 (CEA)

China Eastern Airlines Corp. Ltd. (NYSE:CEA) declared a special dividend on Friday, May 19th. Stockholders of record on Monday, July 3rd will be given a dividend of 0.3554 per share by the transportation company on Monday, August 21st. The ex-dividend date is Thursday, June 29th.

China Eastern Airlines Corp. (NYSE:CEA) traded up 1.28% during trading on Friday, hitting $28.56. The stock had a trading volume of 22,271 shares. The firm has a market cap of $8.26 billion, a PE ratio of 11.90 and a beta of 1.28. The company’s 50-day moving average is $27.72 and its 200 day moving average is $25.67. China Eastern Airlines Corp. has a 52 week low of $21.38 and a 52 week high of $30.90.

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Separately, Goldman Sachs Group Inc reissued a “neutral” rating on shares of China Eastern Airlines Corp. in a report on Monday, March 6th.

About China Eastern Airlines Corp.

China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.

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