DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $127.54 and traded as high as $131.50. DBS Group shares last traded at $128.24, with a volume of 32,788 shares traded.
Analyst Upgrades and Downgrades
Separately, Citigroup raised shares of DBS Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 3rd.
Read Our Latest Stock Report on DBSDY
DBS Group Stock Down 3.2 %
DBS Group Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a $1.6365 dividend. This is a positive change from DBS Group’s previous dividend of $1.58. The ex-dividend date was Monday, November 18th.
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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