Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Down 6.5% – Should You Sell?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report)’s stock price traded down 6.5% on Friday . The company traded as low as $4.51 and last traded at $4.51. 771 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 1,832 shares. The stock had previously closed at $4.83.

Malayan Banking Berhad Stock Down 6.5 %

The stock’s 50 day moving average is $5.15 and its two-hundred day moving average is $4.99.

Malayan Banking Berhad Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, September 12th were paid a $0.1181 dividend. The ex-dividend date was Thursday, September 12th. This is a positive change from Malayan Banking Berhad’s previous dividend of $0.11. Malayan Banking Berhad’s dividend payout ratio is 16.51%.

About Malayan Banking Berhad

(Get Free Report)

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.

Read More

Receive News & Ratings for Malayan Banking Berhad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malayan Banking Berhad and related companies with MarketBeat.com's FREE daily email newsletter.