GB Group plc (LON:GBG) announced a dividend on Tuesday, June 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 24th will be given a dividend of GBX 3.40 ($0.04) per share on Tuesday, August 3rd. This represents a yield of 0.38%. The ex-dividend date of this dividend is Thursday, June 24th. This is an increase from GB Group’s previous dividend of $3.00. The official announcement can be viewed at this link.
Shares of GBG stock opened at GBX 851 ($11.12) on Thursday. The company’s 50-day moving average price is GBX 900.32. GB Group has a 12 month low of GBX 641 ($8.37) and a 12 month high of GBX 999 ($13.05). The firm has a market capitalization of £1.67 billion and a price-to-earnings ratio of 73.71. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 11.04.
Separately, Numis Securities reissued a “buy” rating and set a GBX 1,050 ($13.72) price target on shares of GB Group in a research note on Tuesday.
In other news, insider David Mathew purchased 7,656 shares of the business’s stock in a transaction dated Wednesday, June 16th. The shares were purchased at an average cost of GBX 886 ($11.58) per share, with a total value of £67,832.16 ($88,623.15).
GB Group Company Profile
GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. The company operates through Fraud, Identity, and Location segments. Its solutions help organizations to validate and verify the identities and locations of their customers.
Further Reading: Buy-Side Analysts