Centrica PLC (LON:CNA) announced a dividend on Thursday, February 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 8.40 ($0.11) per share by the integrated energy company on Thursday, June 27th. This represents a yield of 6.12%. The ex-dividend date is Thursday, May 9th. This is an increase from Centrica’s previous dividend of $3.60. The official announcement can be viewed at this link.
Shares of Centrica stock opened at GBX 122.45 ($1.60) on Friday. Centrica has a fifty-two week low of GBX 119.71 ($1.56) and a fifty-two week high of GBX 221 ($2.89).
In related news, insider Margherita D. Valle sold 1,492 shares of the stock in a transaction dated Monday, November 26th. The shares were sold at an average price of GBX 133 ($1.74), for a total transaction of £1,984.36 ($2,592.92).
A number of research firms have recently commented on CNA. Citigroup reaffirmed a “neutral” rating and set a GBX 144 ($1.88) price objective (down from GBX 160 ($2.09)) on shares of Centrica in a report on Friday, February 8th. Deutsche Bank reduced their price objective on shares of Centrica from GBX 135 ($1.76) to GBX 115 ($1.50) and set a “sell” rating for the company in a report on Monday, December 10th. Berenberg Bank reaffirmed a “buy” rating on shares of Centrica in a report on Friday, October 26th. Kepler Capital Markets reaffirmed a “buy” rating on shares of Centrica in a report on Wednesday, January 16th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 180 ($2.35) price objective on shares of Centrica in a report on Monday, October 29th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 137.75 ($1.80).
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Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, Exploration & Production, and Centrica Storage segments.
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