Globe Telecom (OTCMKTS:GTMEY) Trading Down 0.9%

Globe Telecom, Inc. (OTCMKTS:GTMEY) was down 0.9% on Monday . The stock traded as low as $32.96 and last traded at $32.96. Approximately 1 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 233 shares. The stock had previously closed at $33.25.

Globe Telecom Stock Down 0.9 %

The company has a fifty day simple moving average of $35.52 and a two-hundred day simple moving average of $39.63.

Globe Telecom Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 25th. Stockholders of record on Tuesday, August 29th will be issued a dividend of $0.2901 per share. The ex-dividend date of this dividend is Monday, August 28th. Globe Telecom’s dividend payout ratio (DPR) is currently 39.48%.

About Globe Telecom

Globe Telecom, Inc provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. It operates through Mobile Communications Services and Wireline Communication Services segments. The company offers digital wireless communications services under the Globe Postpaid and Prepaid, and Touch Mobile brands; long distance communication or carrier services; broadband, as well as wireline voice and data communication services; and electronic payment and remittance services under the GCash brand.