Blancco Technology Group PLC (BLTG) Announces Dividend Increase – GBX 1.34 Per Share
Blancco Technology Group PLC (LON:BLTG) announced a dividend on Tuesday, September 20th. Stockholders of record on Thursday, November 3rd will be given a dividend of GBX 1.34 ($0.02) per share on Wednesday, December 7th. This represents a dividend yield of 0.57%. The ex-dividend date is Thursday, November 3rd. This is a positive change from Blancco Technology Group PLC’s previous dividend of $0.66. The official announcement can be accessed at this link.
Several research firms have commented on BLTG. Panmure Gordon reissued a “buy” rating and issued a GBX 326 ($4.26) target price on shares of Blancco Technology Group PLC in a research report on Wednesday, July 13th. Peel Hunt restated a “buy” rating on shares of Blancco Technology Group PLC in a research note on Wednesday, July 13th.
Shares of Blancco Technology Group PLC (LON:BLTG) traded up 3.78% during mid-day trading on Tuesday, hitting GBX 233.50. 389,458 shares of the stock were exchanged. Blancco Technology Group PLC has a 12-month low of GBX 143.98 and a 12-month high of GBX 335.00. The firm has a 50-day moving average price of GBX 223.77 and a 200 day moving average price of GBX 215.96. The company’s market capitalization is GBX 178.81 million.
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About Blancco Technology Group PLC
Blancco Technology Group plc, formerly Regenersis Plc, is engaged in global software business, comprising Blancco, SafeIT, Xcaliber and Tabernus, focused on managing the considerable opportunities in data erasure. The Company provides mobile device diagnostics and data erasure solutions. Its clientele consists of equipment manufacturers, mobile network operators, retailers, financial institutions, insurers, repair service providers, healthcare providers and government organizations across the world.
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