PCCW Ltd. (OTCMKTS:PCWLF – Get Free Report)’s stock price gapped up prior to trading on Wednesday after the company announced a dividend. 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 traded.
The newly announced dividend which will be paid on Friday, September 5th. Stockholders of record on Monday, August 18th will be paid a dividend of $0.0977 per share. This represents a dividend yield of 710.0%. The ex-dividend date of this dividend is Friday, August 15th.
PCCW Stock Up 5.6%
The company has a 50 day moving average of $0.68 and a 200 day moving average 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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