PCCW (OTCMKTS:PCWLF) Shares Gap Up – Still a Buy?

PCCW Ltd. (OTCMKTS:PCWLFGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $0.62, but opened at $0.66. PCCW shares last traded at $0.66, with a volume of 239 shares trading hands.

PCCW Stock Performance

The firm has a 50-day moving average of $0.65 and a 200 day moving average of $0.61.

PCCW Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Tuesday, May 20th were issued a dividend of $0.2848 per share. This represents a dividend yield of 12.59%. This is a boost from PCCW’s previous dividend of $0.10. The ex-dividend date of this dividend was Monday, May 19th.

PCCW Company Profile

(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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