Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Plans Dividend Increase – $0.57 Per Share

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) announced a dividend on Monday, April 8th, NASDAQ reports. Shareholders of record on Thursday, May 9th will be given a dividend of 0.574 per share on Wednesday, June 5th. The ex-dividend date is Wednesday, May 8th. This is a boost from Oversea-Chinese Banking’s previous dividend of $0.55.

Oversea-Chinese Banking Price Performance

Shares of OTCMKTS:OVCHY opened at $21.29 on Monday. The stock has a 50 day moving average price of $20.09 and a 200-day moving average price of $19.41. Oversea-Chinese Banking has a 52-week low of $17.46 and a 52-week high of $21.68.

About Oversea-Chinese Banking

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.