Vitec Group plc (VTC) Announces Dividend of GBX 9.30
Vitec Group plc (LON:VTC) declared a dividend on Thursday, August 14th, American Banking & Market News reports. Investors of record on Wednesday, September 24th will be given a dividend of GBX 9.30 ($0.16) per share on Friday, October 24th. This represents a yield of 1.63%. The ex-dividend date is Wednesday, September 24th. The official announcement can be viewed at this link.
A number of analysts have recently weighed in on VTC shares. Analysts at Investec reiterated a “buy” rating on shares of Vitec Group plc in a research note on Thursday. They now have a GBX 790 ($13.25) price target on the stock. On a related note, analysts at N+1 Singer reiterated a “hold” rating on shares of Vitec Group plc in a research note on Thursday. They now have a GBX 720 ($12.08) price target on the stock.
Vitec Group plc (LON:VTC) traded down 0.36% on Thursday, hitting GBX 555.50. 3,221 shares of the company’s stock traded hands. Vitec Group plc has a 52-week low of GBX 539.00 and a 52-week high of GBX 729.50. The stock’s 50-day moving average is GBX 567.1 and its 200-day moving average is GBX 611.2. The company’s market cap is £244.3 million.
The Vitec Group plc is engaged in serving customers in the broadcast and video, photographic and military, aerospace and government (LON:VTC) markets.
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