XP Power Ltd. (XPP) to Issue Dividend Increase – GBX 16 Per Share
XP Power Ltd. (LON:XPP) declared a dividend on Friday, October 7th. Investors of record on Thursday, December 15th will be paid a dividend of GBX 16 ($0.21) per share on Thursday, January 12th. This represents a yield of 0.92%. The ex-dividend date is Thursday, December 15th. This is an increase from XP Power’s previous dividend of $15.00. The official announcement can be viewed at this link.
Shares of XP Power (LON:XPP) traded up 5.11% during trading on Friday, reaching GBX 1747.00. 12,351 shares of the company traded hands. The company has a 50-day moving average of GBX 1,684.12 and a 200-day moving average of GBX 1,629.64. XP Power has a 12 month low of GBX 1,396.80 and a 12 month high of GBX 1,775.00. The stock’s market capitalization is GBX 332.10 million.
In other XP Power news, insider Sng ,Andy sold 10,000 shares of the company’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of GBX 1,700 ($22.19), for a total transaction of £170,000 ($221,903.15). Also, insider James E. Peters sold 120,000 shares of the company’s stock in a transaction on Monday, September 26th. The stock was sold at an average price of GBX 1,700 ($22.19), for a total transaction of £2,040,000 ($2,662,837.75).
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About XP Power
XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company operates through Europe, North America and Asia geographical segments.
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