DBS Group (OTCMKTS:DBSDY) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• DBS Group's stock price has surpassed its fifty-day moving average of $154.35, with a recent high of $162.28 during trading.
• The company announced an increase in its dividend to $0.4671 per share, resulting in a remarkable dividend yield of 498.0%.
• DBS Group holds a debt-to-equity ratio of 1.00 and maintains a quick and current ratio both at 0.87.

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $154.35 and traded as high as $162.28. DBS Group shares last traded at $160.90, with a volume of 29,186 shares changing hands.

DBS Group Trading Down 1.2%

The firm's 50 day moving average price is $154.97 and its two-hundred day moving average price is $141.56. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.87 and a current ratio of 0.87.

DBS Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th were issued a dividend of $0.4671 per share. The ex-dividend date was Monday, August 18th. This is a positive change from DBS Group's previous dividend of $0.45. This represents a 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.