API Group (API) Announces Dividend of GBX 1.30
API Group (LON:API) declared a dividend on Wednesday, June 4th, Analyst Ratings Net reports. Investors of record on Wednesday, July 9th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, August 1st. This represents a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, July 9th. The official announcement can be viewed at this link.
On the ratings front, analysts at Numis Securities Ltd upgraded shares of API Group to a “buy” rating in a research note on Tuesday, April 8th. They now have a GBX 84 ($1.41) price target on the stock, down previously from GBX 90 ($1.51).
API Group (LON:API) traded up 3.04% on Wednesday, hitting GBX 71.10. The stock had a trading volume of 312,801 shares. API Group has a 52-week low of GBX 62.00 and a 52-week high of GBX 78.00. The stock’s 50-day moving average is GBX 70.76 and its 200-day moving average is GBX 73.94.
API Group plc is the holding company. The Company is engaged in manufacturing and distributing specialty foils, films and laminated materials used primarily in the graphics and packaging industries for brand enhancement and protection.
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