PCCW (OTCMKTS:PCWLF) Shares Gap Down – Here’s Why

PCCW Ltd. (OTCMKTS:PCWLFGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $0.67, but opened at $0.65. PCCW shares last traded at $0.65, with a volume of 500 shares trading hands.

PCCW Trading Up 0.8%

The business’s 50 day moving average price is $0.68 and its 200-day moving average price is $0.66.

PCCW Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were paid a dividend of $0.0977 per share. This represents a dividend yield of 710.0%. The ex-dividend date was Friday, August 15th.

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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