DBS Group (OTCMKTS:DBSDY) Hits New 12-Month High – Time to Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $145.35 and last traded at $137.92, with a volume of 23067 shares changing hands. The stock had previously closed at $135.83.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of DBS Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 3rd.

Get Our Latest Analysis on DBSDY

DBS Group Stock Performance

The firm’s 50 day simple moving average is $133.94 and its 200 day simple moving average is $127.18.

DBS Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 28th. Stockholders of record on Tuesday, April 8th will be issued a $1.8021 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This is an increase from DBS Group’s previous dividend of $1.64.

DBS Group Company Profile

(Get Free Report)

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.

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