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British Polythene Industries (LON:BPI) announced a dividend on Friday, August 29th, StockRatingsNetwork.com reports. Investors of record on Thursday, October 16th will be paid a dividend of GBX 5 ($0.08) per share on Friday, November 14th. This represents a dividend yield of 0.81%. The ex-dividend date is Thursday, October 16th. The official announcement can be viewed at this link.

A number of research firms have recently commented on BPI. Analysts at Investec raised their price target on shares of British Polythene Industries from GBX 720 ($11.91) to GBX 750 ($12.41) in a research note on Friday. They now have a “buy” rating on the stock.

British Polythene Industries (LON:BPI) traded up 4.97% on Friday, hitting GBX 614.05. The stock had a trading volume of 17,172 shares. British Polythene Industries has a 1-year low of GBX 557.50 and a 1-year high of GBX 740.00. The stock’s 50-day moving average is GBX 612.3 and its 200-day moving average is GBX 640.5. The company’s market cap is £156.6 million.

British Polythene Industries PLC is a producer of polythene film in Europe. The Company is a global supplier of agricultural films, packaging for food and other goods, and recycler of polythene film.

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