PCCW (OTCMKTS:PCWLF) Shares Up 4.8% - What's Next?

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) shares were up 4.8% during mid-day trading on Friday . The company traded as high as $0.67 and last traded at $0.67. Approximately 362 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 2,786 shares. The stock had previously closed at $0.63.

PCCW Stock Performance

The business has a fifty day moving average of $0.65 and a two-hundred day moving average of $0.61.

PCCW Increases Dividend

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

About PCCW

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.

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.