DBS Group (OTCMKTS:DBSDY) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $160.53 and traded as high as $167.14. DBS Group shares last traded at $167.0340, with a volume of 38,933 shares trading hands.

DBS Group Price Performance

The firm has a 50 day moving average of $160.53 and a two-hundred day moving average of $147.44.

DBS Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were paid a $0.4671 dividend. This represents a yield of 498.0%. This is a boost from DBS Group’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, August 18th.

About DBS Group

(Get Free Report)

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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