Malayan Banking Berhad (OTCMKTS:MLYBY) Trading Down 6.5% – Time to Sell?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report)’s share price was down 6.5% on Friday . The stock traded as low as $4.51 and last traded at $4.51. Approximately 771 shares traded hands during trading, a decline of 58% from the average daily volume of 1,832 shares. The stock had previously closed at $4.83.

Malayan Banking Berhad Stock Down 6.5 %

The business has a fifty day moving average price of $5.13 and a two-hundred day moving average price of $5.00.

Malayan Banking Berhad Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, September 12th were issued a $0.1181 dividend. The ex-dividend date was Thursday, September 12th. This is an increase from Malayan Banking Berhad’s previous dividend of $0.11. Malayan Banking Berhad’s dividend payout ratio is 16.51%.

Malayan Banking Berhad Company Profile

(Get Free Report)

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.

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