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PCCW (OTCMKTS:PCWLF) Shares Gap Up - Still a Buy?

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $0.68, but opened at $0.72. PCCW shares last traded at $0.74, with a volume of 1,420 shares.

PCCW Stock Performance

The stock has a fifty day simple moving average of $0.67 and a 200-day simple moving average of $0.63.

PCCW Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, May 20th were issued a $0.2848 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 12.59%. This is a boost from PCCW's previous dividend of $0.10.

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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