Shares of Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $21.53 and last traded at $21.20, with a volume of 2745 shares traded. The stock had previously closed at $20.96.
Oversea-Chinese Banking Stock Performance
The company has a 50 day moving average of $20.04 and a 200-day moving average of $19.38.
Oversea-Chinese Banking Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 9th will be issued a $0.574 dividend. This is a positive change from Oversea-Chinese Banking’s previous dividend of $0.55. The ex-dividend date of this dividend is Wednesday, May 8th.
About Oversea-Chinese Banking
Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.
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