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

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $0.67, but opened at $0.71. PCCW shares last traded at $0.71, with a volume of 200 shares changing hands.

PCCW Stock Down 5.4%

The stock's 50-day moving average price is $0.66 and its 200 day moving average price is $0.62.

PCCW Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Tuesday, May 20th were paid a $0.2848 dividend. This is a positive change from PCCW's previous dividend of $0.10. This represents a yield of 12.59%. The ex-dividend date was Monday, May 19th.

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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