Free Trial

PCCW (OTCMKTS:PCWLF) Shares Gap Up Following Dividend Announcement

PCCW logo with Computer and Technology background

Key Points

  • PCCW Ltd. announced a dividend payment of $0.0977 per share, leading to a gap up in its stock price from $0.66 to $0.70.
  • The dividend is set to be paid on September 5th, with an ex-dividend date of August 15th and a yield of 710.0%.
  • PCCW shares increased by 5.7% following the announcement, with a trading volume of 10,500 shares.
  • Five stocks we like better than PCCW.

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report)'s stock price gapped up prior to trading on Wednesday after the company announced a dividend. The stock had previously closed at $0.66, but opened at $0.70. PCCW shares last traded at $0.70, with a volume of 10,500 shares traded.

The newly announced 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. This represents a dividend yield of 710.0%. The ex-dividend date of this dividend is Friday, August 15th.

PCCW Trading Up 6.0%

The stock has a 50-day moving average of $0.68 and a 200 day moving average of $0.64.

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.

Featured Articles

Should You Invest $1,000 in PCCW Right Now?

Before you consider PCCW, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PCCW wasn't on the list.

While PCCW currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.