Scapa Group plc (SCPA) Raises Dividend to GBX 2 Per Share
Scapa Group plc (LON:SCPA) announced a dividend on Tuesday, May 23rd. Shareholders of record on Thursday, July 20th will be paid a dividend of GBX 2 ($0.03) per share on Friday, August 18th. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, July 20th. This is a positive change from Scapa Group plc’s previous dividend of $1.75. The official announcement can be accessed at this link.
Shares of Scapa Group plc (LON:SCPA) traded up 5.16% during midday trading on Tuesday, reaching GBX 453.50. 1,516,297 shares of the company’s stock traded hands. Scapa Group plc has a one year low of GBX 224.75 and a one year high of GBX 461.75. The firm’s market capitalization is GBX 682.06 million. The stock’s 50-day moving average price is GBX 393.96 and its 200 day moving average price is GBX 346.82.
Several research analysts have weighed in on the company. Numis Securities Ltd restated an “add” rating and issued a GBX 475 ($6.18) price target on shares of Scapa Group plc in a research note on Tuesday. N+1 Singer restated a “buy” rating and issued a GBX 405 ($5.27) price target on shares of Scapa Group plc in a research note on Thursday, April 13th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 355 ($4.62) price target on shares of Scapa Group plc in a research note on Thursday, February 9th.
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Scapa Group plc Company Profile
Scapa Group Plc is a holding company for a group of companies operating in the manufacture of bonding products and adhesive components for applications in the healthcare and industrial markets. The Company operates through two segments: Industrial and Healthcare. Its Industrial segment manufactures and delivers a portfolio of adhesive bonding solutions and applications.
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