DBS Group (OTCMKTS:DBSDY) Sets New 12-Month High – Still a Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDY)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $145.35 and last traded at $137.92, with a volume of 23067 shares traded. The stock had previously closed at $135.83.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of DBS Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 3rd.

DBS Group Stock Up 1.5 %

The stock has a 50 day moving average price of $133.52 and a 200 day moving average price of $126.91.

DBS Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 8th will be given a $1.8021 dividend. The ex-dividend date is Tuesday, April 8th. This is a boost from DBS Group’s previous dividend of $1.64.

DBS Group Company Profile

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.