DBS Group Holdings Ltd (OTCMKTS:DBSDY) Increases Dividend to $0.92 Per Share
DBS Group Holdings Ltd (OTCMKTS:DBSDY) announced a None dividend on Friday, August 4th, Zacks reports. Investors of record on Monday, August 14th will be given a dividend of 0.92 per share by the financial services provider on Monday, October 16th. The ex-dividend date is Thursday, August 10th. This is a boost from DBS Group Holdings’s previous None dividend of $0.80.
DBS Group Holdings (OTCMKTS DBSDY) traded down 0.45% during mid-day trading on Wednesday, reaching $61.53. 1,212 shares of the company traded hands. The stock’s 50-day moving average price is $61.70 and its 200-day moving average price is $57.12. DBS Group Holdings has a one year low of $42.45 and a one year high of $65.94. The firm has a market cap of $39.11 billion, a PE ratio of 12.59 and a beta of 1.27.
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DBSDY has been the subject of several analyst reports. Zacks Investment Research cut shares of DBS Group Holdings from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Goldman Sachs Group, Inc. (The) cut shares of DBS Group Holdings from a “buy” rating to a “neutral” rating in a report on Sunday. Finally, Jefferies Group LLC cut shares of DBS Group Holdings from a “buy” rating to a “hold” rating in a report on Monday.
DBS Group Holdings Company Profile
DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others.
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