DBS Group (OTCMKTS:DBSDY) Sets New 52-Week High - Time to Buy?

Key Points

• DBS Group shares have reached a new 52-week high at $155.00, closing most recently at $154.76 with a trading volume of 3,440 shares.
• The company declared a dividend yielding 508.0% per share, with the ex-dividend date being May 19th.
• DBS Group offers a range of commercial banking and financial services across Singapore, Hong Kong, and greater Southeast Asia.

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $155.00 and last traded at $154.76, with a volume of 3440 shares changing hands. The stock had previously closed at $151.76.

DBS Group Stock Down 0.2%

The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.87 and a current ratio of 0.87. The business's 50 day simple moving average is $144.21 and its 200-day simple moving average is $136.68.

DBS Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 20th were issued a $0.447 dividend. This represents a dividend yield of 508.0%. The ex-dividend date was Monday, May 19th.

About DBS Group

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.