StarHub (OTCMKTS:SRHBY) Shares Down 2% – Here’s Why

StarHub Ltd (OTCMKTS:SRHBYGet Free Report)’s share price dropped 2% during mid-day trading on Friday . The company traded as low as $8.89 and last traded at $8.89. Approximately 2 shares traded hands during trading, a decline of 98% from the average daily volume of 100 shares. The stock had previously closed at $9.07.

StarHub Stock Down 2.0 %

The firm’s fifty day simple moving average is $9.07 and its 200 day simple moving average is $8.92.

StarHub Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 23rd. Investors of record on Monday, August 26th were paid a $0.1826 dividend. The ex-dividend date of this dividend was Monday, August 26th. StarHub’s dividend payout ratio (DPR) is 86.42%.

About StarHub

(Get Free Report)

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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