Colefax Group Plc (LON:CFX) Declares Dividend Increase – GBX 2.50 Per Share

Colefax Group Plc (LON:CFX) announced a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be given a dividend of GBX 2.50 ($0.03) per share on Tuesday, October 10th. This represents a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, September 7th. This is a boost from Colefax Group Plc’s previous dividend of $2.30. The official announcement can be seen at this link.

Colefax Group Plc (LON CFX) remained flat at GBX 505.00 during midday trading on Friday. 100 shares of the company traded hands. The company’s market cap is GBX 51.32 million. The company’s 50-day moving average is GBX 490.97 and its 200-day moving average is GBX 481.53. Colefax Group Plc has a 1-year low of GBX 423.50 and a 1-year high of GBX 544.80.

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Separately, Peel Hunt upgraded Colefax Group Plc to a “buy” rating and upped their price target for the stock from GBX 450 ($5.86) to GBX 575 ($7.49) in a report on Tuesday, July 25th.

Colefax Group Plc Company Profile

Colefax Group plc is a holding company. The Company’s principal activities are design, marketing, distribution and retailing of furnishing fabrics, wallpapers, trimmings, related products and upholstered furniture in the United Kingdom and overseas, and the sale of antiques, interior and architectural design, project management, decorating and furnishing for private and commercial clients.

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