PCCW (OTCMKTS:PCWLF) Shares Down 1.6% – Here’s What Happened

PCCW Limited (OTCMKTS:PCWLFGet Free Report) dropped 1.6% on Tuesday . The company traded as low as $0.56 and last traded at $0.56. Approximately 1,184 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 6,000 shares. The stock had previously closed at $0.56.

PCCW Stock Down 1.6 %

The business has a 50 day moving average price of $0.54 and a two-hundred day moving average price of $0.51.

PCCW Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, September 4th. Stockholders of record on Monday, August 12th were given a dividend of $0.0977 per share. This represents a dividend yield of 9.42%. The ex-dividend date was Friday, August 9th.

About PCCW

(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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