DBS Group (OTCMKTS:DBSDY) Stock Price Passes Above 50-Day Moving Average of $94.37

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Rating) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $94.37 and traded as high as $101.77. DBS Group shares last traded at $101.35, with a volume of 35,223 shares.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised DBS Group from a “market perform” rating to a “mkt perform” rating in a research report on Wednesday, August 10th.

DBS Group Stock Performance

The firm has a 50 day simple moving average of $94.37 and a 200-day simple moving average of $91.84.

DBS Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 5th. Shareholders of record on Friday, November 11th will be paid a dividend of $0.9631 per share. The ex-dividend date of this dividend is Thursday, November 10th. This represents a yield of 4.01%.

DBS Group Company Profile

(Get Rating)

DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The 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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