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PCCW (OTCMKTS:PCWLF) Trading Up 6.8% - Time to Buy?

PCCW logo with Computer and Technology background

PCCW Limited (OTCMKTS:PCWLF - Get Free Report) rose 6.8% on Friday . The company traded as high as $0.69 and last traded at $0.67. Approximately 3,528 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 2,919 shares. The stock had previously closed at $0.63.

PCCW Price Performance

The stock has a fifty day moving average price of $0.64 and a two-hundred day moving average price of $0.60.

PCCW Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Tuesday, May 20th will be given a dividend of $0.2848 per share. This represents a yield of 12.59%. The ex-dividend date of this dividend is Monday, May 19th. 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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