What are earnings per ADR?

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What are earnings per ADR?

2007-01-31 11:40:24 · 2 answers · asked by kmgutt@sbcglobal.net 1 in Business & Finance ➔ Investing

2 answers

ADR are American Depository Receipts - US Banks buy shares of foreign corporations and sell these receipts on the US market. They trade just like stock and when a dividend is paid, you receive that as well

2007-01-31 14:04:45 · answer #1 · answered by dashel_gabelli 3 · 0⤊ 0⤋

The earnings per ADR depends on which ADR one might have in mind. For example CHL trades as an ADR (China Mobile). Its earnings per ADR are $1.92 according to Yahoo. SAY (Saytam) another ADR has earnings per share of 0.86 according to Yahoo.

2007-01-31 14:54:51 · answer #2 · answered by Anonymous · 0⤊ 1⤋