PCCW Limited (OTCMKTS:PCCWY) Plans Dividend Increase – $0.35 Per Share

PCCW Limited (OTCMKTS:PCCWY) declared a dividend on Saturday, May 17th, investing.com reports. Shareholders of record on Wednesday, May 21st will be paid a dividend of 0.3466 per share by the technology company on Friday, June 27th. This represents a dividend yield of 11.62%. The ex-dividend date is Tuesday, May 20th. This is a 229.6% increase from PCCW’s previous dividend of $0.11.

PCCW Stock Performance

Shares of PCCWY stock opened at $6.85 on Friday. The stock’s 50-day moving average is $6.34 and its two-hundred day moving average is $5.99. PCCW has a 1 year low of $4.67 and a 1 year high of $8.15. The company has a quick ratio of 0.51, a current ratio of 0.60 and a debt-to-equity ratio of 7.81.

About PCCW

PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.