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Servelec Group PLC (LON:SERV) announced a dividend on Thursday, August 28th, StockRatingsNetwork.com reports. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 1.50 ($0.02) per share on Friday, October 31st. This represents a dividend yield of 0.57%. The ex-dividend date is Wednesday, September 24th. The official announcement can be accessed at this link.

A number of research firms have recently commented on SERV. Analysts at Investec reiterated a “buy” rating on shares of Servelec Group PLC in a research note on Thursday. They now have a GBX 310 ($5.13) price target on the stock.

Shares of Servelec Group PLC (LON:SERV) traded up 1.34% during mid-day trading on Thursday, hitting GBX 265.00. 607 shares of the company’s stock traded hands. Servelec Group PLC has a 1-year low of GBX 207.00 and a 1-year high of GBX 297.45. The stock has a 50-day moving average of GBX 258.4 and a 200-day moving average of GBX 265.. The company’s market cap is £181.1 million.

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