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

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $0.67, but opened at $0.63. PCCW shares last traded at $0.63, with a volume of 200 shares traded.

PCCW Trading Down 4.6%

The business has a 50-day simple moving average of $0.65 and a two-hundred day simple moving average of $0.61.

PCCW Increases Dividend

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

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.

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