Smart Metering Systems PLC (LON:SMS) announced a dividend on Tuesday, September 20th. Investors of record on Thursday, October 20th will be paid a dividend of GBX 1.37 ($0.02) per share on Friday, November 25th. This represents a yield of 0.25%. The ex-dividend date is Thursday, October 20th. The official announcement can be seen at this link.

In related news, insider Foy,Alan sold 600,000 shares of Smart Metering Systems PLC stock in a transaction on Monday, August 1st. The stock was sold at an average price of GBX 435 ($5.68), for a total value of £2,610,000 ($3,406,865.94). Also, insider Murray,Glen sold 500,000 shares of Smart Metering Systems PLC stock in a transaction on Friday, July 8th. The stock was sold at an average price of GBX 405 ($5.29), for a total value of £2,025,000 ($2,643,258.06).

Smart Metering Systems PLC (LON:SMS) traded up 2.43% during mid-day trading on Tuesday, hitting GBX 548.00. The company’s stock had a trading volume of 460,578 shares. Smart Metering Systems PLC has a 52-week low of GBX 299.24 and a 52-week high of GBX 564.82. The company’s 50 day moving average is GBX 498.88 and its 200-day moving average is GBX 438.11. The stock’s market cap is GBX 471.56 million.

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A number of analysts recently issued reports on SMS shares. Peel Hunt reissued a “buy” rating and set a GBX 419 ($5.47) price objective on shares of Smart Metering Systems PLC in a report on Tuesday, June 21st. Panmure Gordon reissued a “buy” rating and set a GBX 565 ($7.38) price objective on shares of Smart Metering Systems PLC in a report on Tuesday, July 12th.

About Smart Metering Systems PLC

Smart Metering Systems plc (SMS) is a United Kingdom-based company engaged in providing metering services. The Company’s metering services connects, owns, operates and maintains generation and new metering assets and databases. The Company operates through two divisions: management of assets and installation of meters.

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