DBS Group Holdings Ltd (OTCMKTS:DBSDY) Declares Dividend of $1.80

DBS Group Holdings Ltd (OTCMKTS:DBSDY) declared a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Investors of record on Tuesday, April 8th will be paid a dividend of 1.8021 per share by the financial services provider on Monday, April 28th. The ex-dividend date is Tuesday, April 8th. This is a 10.1% increase from DBS Group’s previous dividend of $1.64.

DBS Group Stock Down 2.6 %

DBS Group stock traded down $3.53 during mid-day trading on Wednesday, hitting $133.00. 57,937 shares of the company’s stock traded hands, compared to its average volume of 40,123. DBS Group has a one year low of $91.37 and a one year high of $143.99. The firm has a 50 day moving average price of $132.56 and a 200 day moving average price of $125.42.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of DBS Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 3rd.

About DBS Group

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.