PCCW (OTCMKTS:PCWLF) Sets New 1-Year High - Still a Buy?

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $0.73 and last traded at $0.73, with a volume of 400 shares changing hands. The stock had previously closed at $0.71.

PCCW Price Performance

The company's 50-day moving average price is $0.66 and its two-hundred day moving average price is $0.62.

PCCW Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Shareholders of record on Tuesday, May 20th were issued a $0.2848 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 12.59%. This is an increase from PCCW's previous dividend of $0.10.

PCCW Company Profile

PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.