DBS Group (OTCMKTS:DBSDY) Hits New 12-Month High – Should You Buy?

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $131.99 and last traded at $124.97, with a volume of 44005 shares. The stock had previously closed at $126.76.

DBS Group Stock Performance

The business’s 50 day simple moving average is $120.67 and its 200-day simple moving average is $112.25.

DBS Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be given a $1.6365 dividend. This is a positive change from DBS Group’s previous dividend of $1.58. The ex-dividend date of this dividend is Monday, November 18th.

DBS Group Company Profile

(Get Free Report)

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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