Malayan Banking Berhad (OTCMKTS:MLYBY) Stock Price Down 0.1% – Here’s What Happened

Malayan Banking Berhad (OTCMKTS:MLYBY)’s stock price traded down 0.1% during trading on Friday . The stock traded as low as $4.84 and last traded at $5.53. 2,362 shares changed hands during trading, an increase of 70% from the average session volume of 1,389 shares. The stock had previously closed at $5.53.

Malayan Banking Berhad Stock Performance

The firm’s 50-day simple moving average is $5.38 and its 200 day simple moving average is $5.27.

Malayan Banking Berhad Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 7th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.124 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Malayan Banking Berhad’s previous dividend of $0.12. Malayan Banking Berhad’s payout ratio is 16.51%.

Malayan Banking Berhad Company Profile

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.