DBS Group Stock to Split on Thursday, April 25th (OTCMKTS:DBSDY)

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY) are set to split on the morning of Thursday, April 25th. The 11-10 split was announced on Thursday, April 25th. The newly minted shares will be issued to shareholders after the closing bell on Thursday, April 25th.

DBS Group Trading Up 1.7 %

Shares of DBS Group stock traded up $1.76 during mid-day trading on Wednesday, reaching $105.96. 54,110 shares of the stock were exchanged, compared to its average volume of 39,581. The firm has a 50-day simple moving average of $102.51 and a 200 day simple moving average of $98.65. DBS Group has a fifty-two week low of $88.98 and a fifty-two week high of $109.57.

DBS Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 29th. Investors of record on Monday, April 8th will be given a dividend of $1.5551 per share. The ex-dividend date is Friday, April 5th. This is a boost from DBS Group’s previous dividend of $1.37.

About DBS Group

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.