Globe Telecom (OTCMKTS:GTMEY) Shares Down 0.9%

Globe Telecom, Inc. (OTCMKTS:GTMEY)’s stock price traded down 0.9% during trading on Thursday . The company traded as low as $32.58 and last traded at $32.58. 75 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 200 shares. The stock had previously closed at $32.87.

Globe Telecom Stock Up 0.9 %

The business’s fifty day moving average is $31.43 and its 200 day moving average is $29.43.

Globe Telecom Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, May 28th were issued a $0.2857 dividend. The ex-dividend date of this dividend was Tuesday, May 28th. Globe Telecom’s dividend payout ratio (DPR) is presently 39.48%.

Globe Telecom Company Profile

Globe Telecom, Inc provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. It operates through Mobile Communications Services and Wireline Communication Services segments. The company offers digital wireless communications services under the Globe Postpaid and Prepaid, and Touch Mobile brands; long distance communication or carrier services; broadband, as well as wireline voice and data communication services; and electronic payment and remittance services under the GCash brand.