Volution Group PLC (FAN) Declares Dividend Increase – GBX 2.60 Per Share
Volution Group PLC (LON:FAN) declared a dividend on Tuesday, October 11th. Shareholders of record on Thursday, November 17th will be given a dividend of GBX 2.60 ($0.03) per share on Wednesday, December 14th. This represents a yield of 1.51%. The ex-dividend date of this dividend is Thursday, November 17th. This is an increase from Volution Group PLC’s previous dividend of $1.20. The official announcement can be viewed at this link.
Volution Group PLC (LON:FAN) traded up 0.29% on Tuesday, reaching GBX 172.50. 337,689 shares of the company’s stock were exchanged. Volution Group PLC has a 1-year low of GBX 133.00 and a 1-year high of GBX 204.00. The stock’s 50 day moving average price is GBX 167.49 and its 200 day moving average price is GBX 162.25. The firm’s market capitalization is GBX 344.54 million.
Several research firms have recently issued reports on FAN. Liberum Capital reissued a “buy” rating and issued a GBX 220 ($2.72) price objective on shares of Volution Group PLC in a research report on Tuesday, July 5th. Canaccord Genuity increased their price objective on shares of Volution Group PLC from GBX 190 ($2.35) to GBX 205 ($2.54) and gave the stock a “buy” rating in a research report on Tuesday. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 184 ($2.28) price objective on shares of Volution Group PLC in a research report on Tuesday.
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In other news, insider Reading,Anthony J purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, July 13th. The stock was acquired at an average cost of GBX 137 ($1.70) per share, with a total value of £13,700 ($16,955.45).
Volution Group PLC Company Profile
Volution Group plc is a supplier of ventilation products to the residential construction market. The Company operates through two divisions: Ventilation Group and Torin-Sifan. The Ventilation Group supplies ventilation products for residential construction applications in the United Kingdom, Sweden, Norway and Germany and ventilation products for commercial construction applications in the United Kingdom.
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