Topps Tiles Plc Plans Dividend of GBX 0.65 (TPT)
Topps Tiles Plc (LON:TPT) announced a dividend on Tuesday, May 20th, StockRatingsNetwork reports. Stockholders of record on Wednesday, June 11th will be paid a dividend of GBX 0.65 ($0.01) per share on Tuesday, July 15th. This represents a dividend yield of 0.54%. The ex-dividend date is Wednesday, June 11th. The official announcement can be seen at this link.
A number of research firms have recently commented on TPT. Analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Topps Tiles Plc in a research note on Monday, April 14th. They now have a GBX 225 ($3.78) price target on the stock. On a related note, analysts at Cantor Fitzgerald Europe raised their price target on shares of Topps Tiles Plc from GBX 135 ($2.27) to GBX 145 ($2.44) in a research note on Tuesday, March 25th. They now have a “hold” rating on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Topps Tiles Plc in a research note on Tuesday, March 25th. They now have a GBX 150 ($2.52) price target on the stock. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 134.17 ($2.26).
Topps Tiles Plc (LON:TPT) traded up 0.78% during mid-day trading on Tuesday, hitting GBX 120.9409. The stock had a trading volume of 299,754 shares. Topps Tiles Plc has a 52 week low of GBX 63.75 and a 52 week high of GBX 156.00. The stock has a 50-day moving average of GBX 129.5 and a 200-day moving average of GBX 128.2. The company’s market cap is £232.0 million.
Topps Tiles PLC is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products.
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