Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Down 3.9% – Time to Sell?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report) fell 3.9% on Friday . The stock traded as low as $4.30 and last traded at $4.5250. 775 shares changed hands during trading, a decline of 65% from the average session volume of 2,195 shares. The stock had previously closed at $4.71.

Malayan Banking Berhad Stock Performance

The business has a 50-day simple moving average of $4.49 and a 200-day simple moving average of $4.58.

Malayan Banking Berhad Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, October 6th. Investors of record on Monday, September 15th were given a $0.122 dividend. The ex-dividend date was Friday, September 12th. This represents a yield of 551.0%. Malayan Banking Berhad’s dividend payout ratio (DPR) is currently 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.

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