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PCCW (OTCMKTS:PCWLF) Shares Down 5.7% - Time to Sell?

PCCW logo with Computer and Technology background

Key Points

  • PCCW Ltd. shares fell by 5.7% to trade at $0.63, with a decline in trading volume compared to the average session.
  • The company has announced a dividend of $0.0977, set to yield 710.0%, with a payment date of September 5th.
  • PCCW offers various telecommunications and related services in regions including Hong Kong and Mainland China.
  • Five stocks to consider instead of PCCW.

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) shares traded down 5.7% during trading on Wednesday . The company traded as low as $0.63 and last traded at $0.63. 2,396 shares were traded during mid-day trading, a decline of 7% from the average session volume of 2,585 shares. The stock had previously closed at $0.67.

PCCW Stock Down 0.5%

The business's 50 day moving average is $0.68 and its 200-day moving average is $0.65.

PCCW Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 18th will be issued a $0.0977 dividend. This represents a yield of 710.0%. The ex-dividend date of this dividend is Friday, August 15th.

About PCCW

(Get Free Report)

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.

See Also

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