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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIn the space of two months, the title has experienced variations of up to +100% (going from 13 F CFA to 27 F CFA), then equally marked declines, until returning in recent days to levels close to the floor price. The last price quoted on the evening of this Monday, March 7 is displayed at 15 F CFA.
Since December 20, the price of the ECOBANK share has left its floor value of 13 CFA francs, on which it had been frozen for 18 months. These erratic variations show the feverishness of investors and their difficulty in approaching the value of the leading West African banking group, leading to an irrational and disconnected valuation of the values attributed to similar banking groups.
The dividend of 0.9 F CFA that the Board of Directors has proposed to distribute in the coming months to the shareholders of ECOBANK ETI thus represents a yield of 6.00%, equivalent to the yield offered by a coupon served by a security of state at 10 years of a WAEMU country.
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