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DBS Group (OTCMKTS:DBSDY) Sets New 1-Year High - Here's Why

DBS Group logo with Finance background

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $146.92 and last traded at $139.97, with a volume of 24302 shares. The stock had previously closed at $140.23.

DBS Group Price Performance

The firm has a 50-day simple moving average of $130.89 and a two-hundred day simple moving average of $131.31.

DBS Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Tuesday, May 20th will be issued a $0.447 dividend. The ex-dividend date is 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.

Further Reading

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