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PCCW (OTCMKTS:PCWLF) Shares Gap Up - Here's What Happened

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $0.62, but opened at $0.66. PCCW shares last traded at $0.66, with a volume of 239 shares traded.

PCCW Price Performance

The stock has a 50 day simple moving average of $0.65 and a 200 day simple moving average of $0.61.

PCCW Increases Dividend

The business also recently declared 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. The ex-dividend date was Monday, May 19th. This is an increase from PCCW's previous dividend of $0.10. This represents a dividend yield of 12.59%.

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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