Shares of Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) dropped 3.9% during trading on Friday . The stock traded as low as $4.30 and last traded at $4.5250. Approximately 775 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 2,195 shares. The stock had previously closed at $4.71.
Malayan Banking Berhad Stock Down 3.9%
The firm’s fifty day simple moving average is $4.49 and its 200 day simple moving average is $4.58.
Malayan Banking Berhad Dividend Announcement
The firm also recently announced a dividend, which was paid on Monday, October 6th. Shareholders of record on Monday, September 15th were issued a $0.122 dividend. This represents a dividend yield of 551.0%. The ex-dividend date of this dividend was Friday, September 12th. Malayan Banking Berhad’s dividend payout ratio (DPR) is currently 16.51%.
About Malayan Banking Berhad
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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