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

PCCW logo with Computer and Technology background

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

PCCW Stock Performance

The stock's 50 day moving average price is $0.66 and its 200-day moving average price is $0.62.

PCCW Increases Dividend

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

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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