What are earnings per ADR?

2 Answers

Relevance
  • 1 decade ago
    Best Answer

    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

  • Anonymous
    1 decade ago

    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.

Still have questions? Get your answers by asking now.