DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $145.95 and last traded at $138.08, with a volume of 21694 shares. The stock had previously closed at $137.42.
Analysts Set New Price Targets
Separately, Citigroup raised DBS Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 3rd.
View Our Latest Report on DBS Group
DBS Group Trading Down 4.6 %
The stock has a fifty day simple moving average of $134.94 and a 200 day simple moving average of $128.22.
DBS Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $1.8021 per share. This is a positive change from DBS Group's previous dividend of $1.64. The ex-dividend date of this dividend is Tuesday, April 8th.
About DBS Group
(
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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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