Singapore Telecommunications (OTCMKTS:SGAPY) shares top 50-day moving average of $18.62

Shares of Singapore Telecommunications Limited (OTCMKTS:SGAPY – Get Rating) rose above its 50-day moving average during Friday’s trading. The stock has a 50-day moving average of $18.62 and is trading as low as $19.16. Singapore Telecommunications shares last traded at $19.04, with volume at 31,419 shares.

Singapore telecommunications trade up 1.8%

The stock has a 50-day simple moving average of $18.62 and a 200-day simple moving average of $18.97. The company has a current ratio of 0.90, a quick ratio of 0.87 and a debt ratio of 0.36.

Singapore Telecommunications increases its dividend

The company also recently announced a dividend, which will be paid on Thursday, August 25. Shareholders of record on Wednesday August 3 will receive a dividend of $0.3306 per share. This represents a return of 3.38%. This is an increase from Singapore Telecommunications’ previous dividend of $0.31. The ex-dividend date is Tuesday, August 2.

About Singapore Telecom

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Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunications services to consumers and small businesses in Singapore, Australia, the United States, Europe and around the world. The Company is engaged in transportation businesses, including mobile telephony, pay-TV, fixed broadband, voice, and content and digital services, as well as equipment sales; digital media and advertising services; integrated information and communications technology solutions, such as cloud computing, multi-access edge computing, software-defined networking and digital solutions; fund management services to corporate clients.

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