Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) shares dropped 6.5% on Friday . The stock traded as low as $4.51 and last traded at $4.51. Approximately 771 shares traded hands during trading, a decline of 58% from the average daily volume of 1,832 shares. The stock had previously closed at $4.83.
Malayan Banking Berhad Stock Performance
The stock has a 50 day simple moving average of $5.13 and a two-hundred day simple moving average of $5.00.
Malayan Banking Berhad Increases Dividend
The business also recently declared a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, September 12th were given a dividend of $0.1181 per share. This is a boost from Malayan Banking Berhad’s previous dividend of $0.11. The ex-dividend date of this dividend was Thursday, September 12th. Malayan Banking Berhad’s dividend payout ratio (DPR) is currently 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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