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PCCW (OTCMKTS:PCWLF) Shares Gap Down - What's Next?

PCCW logo with Computer and Technology background

Key Points

  • PCCW Ltd. shares experienced a gap down, opening at $0.66 after a previous close of $0.69, reflecting a 3.5% decrease in trading.
  • The company announced a dividend of $0.0977 per share, with a notable yield of 710.0%, set to be paid on September 5th.
  • PCCW provides a range of telecommunications services in Hong Kong and other regions, including broadband, mobile solutions, and technical consulting.
  • Looking to export and analyze PCCW data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $0.69, but opened at $0.66. PCCW shares last traded at $0.66, with a volume of 520 shares changing hands.

PCCW Stock Down 7.9%

The business's 50 day moving average price is $0.68 and its two-hundred day moving average price is $0.64.

PCCW Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 18th will be given a dividend of $0.0977 per share. The ex-dividend date is Friday, August 15th. This represents a yield of 710.0%.

PCCW Company Profile

(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.

Further Reading

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