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DBS Group (OTCMKTS:DBSDY) Sees Large Volume Increase - Should You Buy?

DBS Group logo with Finance background

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 107,005 shares changed hands during mid-day trading, an increase of 124% from the previous session's volume of 47,837 shares.The stock last traded at $135.70 and had previously closed at $135.52.

DBS Group Trading Up 0.6%

The firm's fifty day moving average is $134.55 and its 200-day moving average is $132.29.

DBS Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were given a $0.447 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 5.08%.

DBS Group Company Profile

(Get Free Report)

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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