PCCW (OTCMKTS:PCWLF) Shares Down 5.4% - Should You Sell?

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) dropped 5.4% on Tuesday . The stock traded as low as $0.63 and last traded at $0.63. Approximately 854 shares traded hands during trading, a decline of 70% from the average daily volume of 2,828 shares. The stock had previously closed at $0.67.

PCCW Price Performance

The firm's 50 day moving average price is $0.65 and its 200-day moving average price is $0.61.

PCCW Increases Dividend

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

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.