DBS Group (OTCMKTS:DBSDY) Sees Large Volume Increase - Still a Buy?

Key Points

• DBS Group Holdings saw a **126% increase** in trading volume, with **117,227 shares** exchanged, raising its stock price to **$156.20**.
• The company recently announced a **dividend increase** to **$0.4671 per share**, up from **$0.45**, resulting in a **dividend yield of 498.0%**.
• DBS Group operates primarily in commercial banking and financial services across **Singapore, Hong Kong**, and other regions in **Greater China, South, and Southeast Asia**.

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY - ) saw strong trading volume on Monday . 117,227 shares traded hands during trading, an increase of 126% from the previous session's volume of 51,905 shares.The stock last traded at $156.20 and had previously closed at $155.95.

DBS Group Stock Performance

The company has a current ratio of 0.86, a quick ratio of 0.87 and a debt-to-equity ratio of 1.11. The firm's fifty day moving average is $156.13 and its 200-day moving average is $142.34.

DBS Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were issued a dividend of $0.4671 per share. This is a boost from DBS Group's previous dividend of $0.45. The ex-dividend date of this dividend was Monday, August 18th. This represents a dividend yield of 498.0%.

DBS Group Company Profile

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.

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