DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) announced a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Investors of record on Tuesday, April 8th will be given a dividend of 1.8021 per share by the financial services provider on Monday, April 28th. The ex-dividend date of this dividend is Tuesday, April 8th. This is a 10.1% increase from DBS Group’s previous dividend of $1.64.
DBS Group Stock Up 1.0 %
OTCMKTS:DBSDY opened at $134.30 on Thursday. The stock’s 50-day simple moving average is $132.68 and its 200 day simple moving average is $125.48. DBS Group has a twelve month low of $92.18 and a twelve month high of $143.99.
Analysts Set New Price Targets
Separately, Citigroup upgraded DBS Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 3rd.
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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