Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) dropped 0.1% during trading on Friday . The stock traded as low as $4.84 and last traded at $5.53. Approximately 2,362 shares were traded during trading, an increase of 70% from the average daily volume of 1,389 shares. The stock had previously closed at $5.53.
Malayan Banking Berhad Stock Performance
The firm’s 50-day simple moving average is $5.38 and its 200 day simple moving average is $5.26.
Malayan Banking Berhad Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.124 per share. This is a positive change from Malayan Banking Berhad’s previous dividend of $0.12. The ex-dividend date is Thursday, March 13th. Malayan Banking Berhad’s payout ratio is presently 16.51%.
About Malayan Banking Berhad
Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.
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