Shares of StarHub Ltd (OTCMKTS:SRHBY – Get Free Report) dropped 2% on Friday . The stock traded as low as $8.89 and last traded at $8.89. Approximately 2 shares were traded during trading, a decline of 98% from the average daily volume of 100 shares. The stock had previously closed at $9.07.
StarHub Price Performance
The firm has a 50 day moving average of $9.07 and a two-hundred day moving average of $8.92.
StarHub Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, August 26th were paid a $0.1826 dividend. The ex-dividend date was Monday, August 26th. StarHub’s payout ratio is currently 86.42%.
About StarHub
StarHub Ltd provides communications, entertainment, and digital solutions for individuals and corporations in Singapore. It operates through two segments, Telecommunications and Cyber Security. The company provides television subscription and broadcasting services; broadband access, high speed wholesale broadband, and information security systems integration services; and security consultancy services; and information security and network security surveillance services.
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