PCCW (OTCMKTS:PCCWY) Sets New 52-Week High – Here’s Why

Shares of PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $8.20 and last traded at $8.20, with a volume of 261 shares traded. The stock had previously closed at $7.00.

PCCW Price Performance

The business’s 50 day moving average is $6.86 and its 200 day moving average is $6.91.

PCCW Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, August 19th were paid a dividend of $0.1045 per share. This represents a dividend yield of 676.0%. The ex-dividend date was Monday, August 18th.

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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