PCCW Ltd. (OTCMKTS:PCWLF – Get Free Report) gapped up prior to trading on Wednesday following a dividend announcement from the company. The stock had previously closed at $0.66, but opened at $0.70. PCCW shares last traded at $0.70, with a volume of 10,500 shares.
The newly announced dividend which will be paid on Friday, September 5th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.0977 per share. The ex-dividend date is Friday, August 15th. This represents a dividend yield of 710.0%.
PCCW Trading Up 0.8%
The company has a fifty day moving average price of $0.68 and a 200 day moving average price of $0.64.
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.
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