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XP Power (LON:XPP) announced a dividend on Monday, February 24th, American Banking News reports. Stockholders of record on Wednesday, March 12th will be paid a dividend of GBX 19 ($0.32) per share on Thursday, April 10th. This represents a dividend yield of 1.07%. The ex-dividend date is Wednesday, March 12th. The official announcement can be seen at this link.

A number of analysts have recently weighed in on XPP shares. Analysts at Investec raised their price target on shares of XP Power from GBX 1,850 ($30.77) to GBX 1,875 ($31.18) in a research note on Monday. They now have a “buy” rating on the stock. On the ratings front, analysts at SP Angel raised their price target on shares of XP Power from GBX 1,600 ($26.61) to GBX 1,800 ($29.94) in a research note on Friday, January 10th. They now have a “buy” rating on the stock.

Shares of XP Power (LON:XPP) traded up 0.57% during mid-day trading on Monday, hitting GBX 1754.9999. 619,210 shares of the company’s stock traded hands. XP Power has a one year low of GBX 1078.00 and a one year high of GBX 1797.00. The stock has a 50-day moving average of GBX 1733. and a 200-day moving average of GBX 1539.. The company’s market cap is £333.3 million.

XP Power Limited is an investment holding company. The Company is a developer and manufacturer of power supply solutions for the electronics industry.

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