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Dialight Plc (LON:DIA) announced a dividend on Monday, February 24th, Analyst RN reports. Investors of record on Wednesday, April 30th will be paid a dividend of GBX 9.50 ($0.16) per share on Tuesday, June 3rd. This represents a dividend yield of 1.22%. The ex-dividend date is Wednesday, April 30th. The official announcement can be viewed at this link.

DIA has been the subject of a number of recent research reports. Analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Dialight Plc in a research note on Monday. They now have a GBX 841 ($13.99) price target on the stock. On a related note, analysts at Canaccord Genuity cut their price target on shares of Dialight Plc from GBX 1,150 ($19.13) to GBX 1,000 ($16.63) in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Dialight Plc in a research note on Monday. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 968 ($16.10).

Dialight Plc (LON:DIA) traded down 1.42% on Monday, hitting GBX 754.10. The stock had a trading volume of 367,406 shares. Dialight Plc has a 1-year low of GBX 620.50 and a 1-year high of GBX 1419.00. The stock’s 50-day moving average is GBX 755.6 and its 200-day moving average is GBX 1006.. The company’s market cap is £242.4 million.

Dialight plc is the holding company of the Dialight Group of Companies. The Company is engaged in applied light emitting diode (LON:DIA) technology.

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