Clipper Logistics PLC (CLG) Raises Dividend to GBX 4.80 Per Share
Clipper Logistics PLC (LON:CLG) declared a dividend on Friday, July 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 7th will be paid a dividend of GBX 4.80 ($0.06) per share on Friday, September 29th. This represents a yield of 1.13%. The ex-dividend date is Thursday, September 7th. This is a positive change from Clipper Logistics PLC’s previous dividend of $2.40. The official announcement can be accessed at this link.
Clipper Logistics PLC (LON CLG) traded down 1.51% during midday trading on Friday, reaching GBX 424.50. The company’s stock had a trading volume of 20,476 shares. Clipper Logistics PLC has a 1-year low of GBX 245.67 and a 1-year high of GBX 458.78. The firm’s market cap is GBX 424.53 million. The company has a 50 day moving average price of GBX 418.19 and a 200 day moving average price of GBX 394.78.
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Separately, Numis Securities Ltd reissued a “hold” rating and set a GBX 420 ($5.47) price target on shares of Clipper Logistics PLC in a research note on Thursday, May 25th.
About Clipper Logistics PLC
Clipper Logistics plc is engaged in providing value-added logistics solutions and e-fulfilment and returns management services to the retail sector. The Company operates through two segments: Value-added logistics services and Commercial vehicles. The Value-added logistics services segment provide three business activities, which include e-fulfilment and returns management services, non e-fulfilment logistics and central logistics overheads.
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