DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $133.52 and traded as high as $136.69. DBS Group shares last traded at $135.83, with a volume of 28,017 shares traded.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of DBS Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 3rd.
Check Out Our Latest Stock Analysis on DBS Group
DBS Group Stock Up 0.1 %
DBS Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 28th. Investors of record on Tuesday, April 8th will be paid a dividend of $1.8021 per share. This is a boost from DBS Group’s previous dividend of $1.64. The ex-dividend date of this dividend is Tuesday, April 8th.
About DBS Group
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.
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