Malayan Banking Berhad (OTCMKTS:MLYBY) Stock Price Up 6.2% – Time to Buy?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report) shares traded up 6.2% during trading on Friday . The company traded as high as $5.33 and last traded at $5.33. 1,225 shares were traded during mid-day trading, a decline of 22% from the average session volume of 1,568 shares. The stock had previously closed at $5.02.

Malayan Banking Berhad Price Performance

The business has a 50-day moving average price of $5.39 and a 200 day moving average price of $5.28.

Malayan Banking Berhad Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 7th. Stockholders of record on Thursday, March 13th were paid a $0.124 dividend. This is a boost from Malayan Banking Berhad’s previous dividend of $0.12. The ex-dividend date was Thursday, March 13th. Malayan Banking Berhad’s dividend payout ratio is currently 16.51%.

About Malayan Banking Berhad

(Get Free Report)

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.

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