Standard Chartered (OTCMKTS:SCBFY) Stock Price Up 1.1% – Here’s Why

Standard Chartered PLC (OTCMKTS:SCBFYGet Free Report) shares shot up 1.1% during mid-day trading on Thursday . The company traded as high as $21.97 and last traded at $21.70. 1,066,929 shares traded hands during mid-day trading, an increase of 909% from the average session volume of 105,768 shares. The stock had previously closed at $21.46.

Standard Chartered Stock Up 1.1 %

The business has a 50 day simple moving average of $20.68 and a 200-day simple moving average of $19.37.

Standard Chartered Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, August 12th will be paid a dividend of $0.144 per share. The ex-dividend date of this dividend is Monday, August 12th.

Standard Chartered Company Profile

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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