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PCCW (OTCMKTS:PCWLF) Shares Up 2.4% - What's Next?

PCCW logo with Computer and Technology background

Key Points

  • PCCW Ltd.'s stock price increased by 2.4% to $0.70 during mid-day trading, despite a notable decline in trading volume.
  • The company recently paid a dividend of $0.0977 per share, representing a remarkably high dividend yield of 710.0%.
  • PCCW provides various telecommunications services, including local telephony, broadband, and enterprise solutions, across Hong Kong and internationally.
  • Five stocks to consider instead of PCCW.

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report)'s stock price shot up 2.4% during mid-day trading on Monday . The company traded as high as $0.70 and last traded at $0.70. 320 shares traded hands during trading, a decline of 81% from the average session volume of 1,682 shares. The stock had previously closed at $0.68.

PCCW Trading Up 2.4%

The stock's 50-day simple moving average is $0.68 and its 200-day simple moving average is $0.67.

PCCW Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were given a dividend of $0.0977 per share. The ex-dividend date was Friday, August 15th. This represents a dividend yield of 710.0%.

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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