Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) shares were down 0.8% on Friday . The company traded as low as $24.52 and last traded at $25.08. Approximately 10,866 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 21,133 shares. The stock had previously closed at $25.28.
Oversea-Chinese Banking Price Performance
The stock has a fifty day simple moving average of $24.51 and a two-hundred day simple moving average of $24.85.
Oversea-Chinese Banking Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th were paid a $0.2376 dividend. The ex-dividend date was Monday, April 28th. This represents a dividend yield of 5.78%.
About Oversea-Chinese Banking
(
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Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.
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