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DBS Group (OTCMKTS:DBSDY) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

DBS Group logo with Finance background

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $130.89 and traded as high as $140.69. DBS Group shares last traded at $140.23, with a volume of 18,938 shares changing hands.

DBS Group Stock Down 0.2%

The firm has a 50 day moving average of $130.89 and a 200 day moving average of $131.31.

DBS Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Tuesday, May 20th will be paid a $0.447 dividend. The ex-dividend date is Monday, May 19th. This represents a yield of 5.08%.

About DBS Group

(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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