DBS Group (OTCMKTS:DBSDY) Shares Gap Down – What’s Next?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $169.75, but opened at $156.50. DBS Group shares last traded at $168.6490, with a volume of 28,533 shares trading hands.

DBS Group Trading Down 0.5%

The business’s fifty day moving average is $161.72 and its 200 day moving average is $149.40.

DBS Group Increases Dividend

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

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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