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PCCW (OTCMKTS:PCWLF) Shares Down 5.4% - Time to Sell?

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report)'s share price dropped 5.4% on Monday . The company traded as low as $0.67 and last traded at $0.67. Approximately 2,200 shares were traded during trading, a decline of 16% from the average daily volume of 2,621 shares. The stock had previously closed at $0.71.

PCCW Trading Down 3.7%

The stock's 50-day simple moving average is $0.66 and its two-hundred day simple moving average is $0.62.

PCCW Increases Dividend

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

PCCW Company Profile

(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.

Further Reading

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