Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Down 1.4%

Malayan Banking Berhad (OTCMKTS:MLYBY)’s share price dropped 1.4% during mid-day trading on Wednesday . The company traded as low as $5.40 and last traded at $5.40. Approximately 389 shares traded hands during trading, a decline of 78% from the average daily volume of 1,753 shares. The stock had previously closed at $5.48.

Malayan Banking Berhad Trading Down 1.4 %

The firm’s 50-day moving average price is $4.98 and its 200 day moving average price is $4.81.

Malayan Banking Berhad Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, October 7th. Shareholders of record on Thursday, September 12th will be issued a $0.1181 dividend. This is a boost from Malayan Banking Berhad’s previous dividend of $0.11. The ex-dividend date of this dividend is Thursday, September 12th. Malayan Banking Berhad’s dividend payout ratio (DPR) is presently 15.82%.

About Malayan Banking Berhad

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.