Vertu Motors Plc to Issue Dividend of GBX 0.50 (VTU)
Vertu Motors Plc (LON:VTU) announced a dividend on Wednesday, October 12th. Stockholders of record on Thursday, December 22nd will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, January 20th. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 22nd. The official announcement can be accessed at this link.
Shares of Vertu Motors Plc (LON:VTU) traded down 1.63% during midday trading on Wednesday, hitting GBX 45.25. The stock had a trading volume of 2,701,751 shares. The firm’s 50-day moving average price is GBX 47.83 and its 200-day moving average price is GBX 52.23. The firm’s market capitalization is GBX 154.42 million. Vertu Motors Plc has a one year low of GBX 37.50 and a one year high of GBX 79.25.
In other Vertu Motors Plc news, insider Rich,Mike sold 25,235 shares of Vertu Motors Plc stock in a transaction on Monday, September 5th. The stock was sold at an average price of GBX 50 ($0.62), for a total value of £12,617.50 ($15,615.72). Also, insider Sherwin,Michael acquired 3,832 shares of the business’s stock in a transaction on Thursday, August 4th. The stock was acquired at an average price of GBX 47 ($0.58) per share, with a total value of £1,801.04 ($2,229.01).
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Several equities analysts recently commented on the company. Liberum Capital restated a “buy” rating and set a GBX 100 ($1.24) target price on shares of Vertu Motors Plc in a research report on Thursday, September 1st. Panmure Gordon restated a “hold” rating on shares of Vertu Motors Plc in a research report on Wednesday, June 15th.
About Vertu Motors Plc
Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.
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