Shoe Zone PLC (SHOE) Raises Dividend to GBX 14.80 Per Share
Shoe Zone PLC (LON:SHOE) announced a dividend on Wednesday, January 11th. Investors of record on Thursday, February 23rd will be paid a dividend of GBX 14.80 ($0.18) per share on Wednesday, March 15th. This represents a yield of 8.22%. The ex-dividend date of this dividend is Thursday, February 23rd. This is an increase from Shoe Zone PLC’s previous dividend of $3.30. The official announcement can be viewed at this link.
Shares of Shoe Zone PLC (LON:SHOE) traded down 1.37% during mid-day trading on Wednesday, reaching GBX 180.00. 982,561 shares of the company traded hands. The stock’s market capitalization is GBX 90.12 million. Shoe Zone PLC has a 52-week low of GBX 133.00 and a 52-week high of GBX 230.00. The stock’s 50 day moving average is GBX 176.95 and its 200 day moving average is GBX 174.34.
Several brokerages have issued reports on SHOE. FinnCap reissued a “hold” rating on shares of Shoe Zone PLC in a report on Wednesday. Numis Securities Ltd raised shares of Shoe Zone PLC to a “buy” rating and set a GBX 200 ($2.43) price target on the stock in a report on Tuesday, October 25th.
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Shoe Zone PLC Company Profile
Shoe Zone plc is a United Kingdom-based holding company. The Company’s principal activity includes as a footwear retailer in the United Kingdom and the Republic of Ireland. The Company’s online offering combined with its store network enables customers to shop through multiple channels. It operates from a portfolio of approximately 550 stores.
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