SCS Group PLC (SCS) Increases Dividend to GBX 9.83 Per Share
SCS Group PLC (LON:SCS) announced a dividend on Tuesday, October 11th. Shareholders of record on Thursday, November 3rd will be given a dividend of GBX 9.83 ($0.12) per share on Monday, November 28th. This represents a yield of 5.58%. The ex-dividend date of this dividend is Thursday, November 3rd. This is an increase from SCS Group PLC’s previous dividend of $4.67. The official announcement can be viewed at this link.
SCS Group PLC (LON:SCS) traded up 0.000% during mid-day trading on Tuesday, reaching GBX 176.125. The company’s stock had a trading volume of 10,788 shares. The firm’s market capitalization is GBX 70.47 million. SCS Group PLC has a 52 week low of GBX 125.10 and a 52 week high of GBX 204.94. The company’s 50-day moving average price is GBX 184.02 and its 200 day moving average price is GBX 178.16.
In other news, insider Smith,Alan purchased 6,667 shares of the business’s stock in a transaction dated Friday, July 15th. The stock was acquired at an average price of GBX 150 ($1.86) per share, for a total transaction of £10,000.50 ($12,376.86).
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Separately, FinnCap raised their target price on shares of SCS Group PLC from GBX 215 ($2.66) to GBX 230 ($2.85) and gave the stock a “buy” rating in a research note on Tuesday, June 14th.
SCS Group PLC Company Profile
ScS Group plc is a United Kingdom-based retailer of sofas and flooring. The Company’s business includes the upholstered furniture business and the flooring business. The upholstered furniture business specializes primarily in the retail of fabric and leather sofas and chairs. The flooring business focuses on the retail of carpets, as well as laminate and vinyl flooring.
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