DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) declared a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 8th will be paid a dividend of 1.8021 per share by the financial services provider on Monday, April 28th. The ex-dividend date is Tuesday, April 8th. This is a 10.1% increase from DBS Group’s previous dividend of $1.64.
DBS Group Trading Down 2.6 %
DBSDY stock traded down $3.53 during mid-day trading on Tuesday, hitting $133.00. 57,937 shares of the company were exchanged, compared to its average volume of 40,123. DBS Group has a 1-year low of $91.37 and a 1-year high of $143.99. The business has a 50 day simple moving average of $132.46 and a 200-day simple moving average of $125.26.
Analysts Set New Price Targets
Separately, Citigroup raised DBS Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 3rd.
DBS Group Company Profile
DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.
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