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PCCW (OTCMKTS:PCWLF) Trading Up 6.4% - What's Next?

PCCW logo with Computer and Technology background

Shares of PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report) rose 6.4% on Tuesday . The company traded as high as $0.71 and last traded at $0.71. Approximately 100 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 2,619 shares. The stock had previously closed at $0.67.

PCCW Stock Up 6.4%

The stock has a fifty day moving average price of $0.66 and a two-hundred day moving average price of $0.62.

PCCW Increases Dividend

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

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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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.

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