Connect Group PLC (LON:CNCT) announced a dividend on Wednesday, November 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 16th will be given a dividend of GBX 1 ($0.01) per share on Thursday, February 13th. This represents a yield of 3.44%. The ex-dividend date of this dividend is Thursday, January 16th. The official announcement can be seen at this link.
CNCT opened at GBX 35.06 ($0.46) on Wednesday. Connect Group has a 1 year low of GBX 27.50 ($0.36) and a 1 year high of GBX 46.10 ($0.61). The company has a market capitalization of $86.83 million and a price-to-earnings ratio of -2.72. The firm’s fifty day moving average price is GBX 32.62 and its two-hundred day moving average price is GBX 35.07.
A number of analysts have recently commented on CNCT shares. Peel Hunt restated a “hold” rating on shares of Connect Group in a research note on Monday. Berenberg Bank restated a “hold” rating and issued a GBX 40 ($0.53) target price on shares of Connect Group in a research note on Wednesday, November 6th.
Connect Group Company Profile
Connect Group PLC engages in the distribution of newspapers, magazines, and books products in the United Kingdom and internationally. The company operates through News & Media: News Distribution, News & Media: Media, and Mixed Freight segments. The News & Media: News Distribution segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.
Featured Article: Inverted Yield Curve
Receive News & Ratings for Connect Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Connect Group and related companies with MarketBeat.com's FREE daily email newsletter.