Stock Spirits Group PLC (LON:STCK) Announces Dividend of €0.02
Stock Spirits Group PLC (LON:STCK) announced a dividend on Wednesday, August 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 31st will be given a dividend of €0.02 ($0.03) per share on Friday, September 22nd. This represents a yield of 1.23%. The ex-dividend date is Thursday, August 31st. The official announcement can be accessed at this link.
Stock Spirits Group PLC (STCK) traded up 10.27% during mid-day trading on Wednesday, reaching GBX 174.50. 275,711 shares of the company’s stock traded hands. The company has a 50 day moving average price of GBX 165.52 and a 200-day moving average price of GBX 173.64. The stock’s market cap is GBX 344.39 million. Stock Spirits Group PLC has a 12 month low of GBX 146.25 and a 12 month high of GBX 200.25.
Several research firms recently issued reports on STCK. J P Morgan Chase & Co cut their target price on Stock Spirits Group PLC from GBX 190 ($2.47) to GBX 180 ($2.34) and set a “neutral” rating for the company in a research report on Friday, July 7th. Whitman Howard restated a “buy” rating and set a GBX 240 ($3.13) price target on shares of Stock Spirits Group PLC in a report on Friday, May 19th. Finally, Numis Securities Ltd upgraded Stock Spirits Group PLC to a “buy” rating and set a GBX 200 ($2.60) price target for the company in a report on Wednesday.
In related news, insider Randy M. Pankevicz purchased 15,000 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were acquired at an average cost of GBX 163 ($2.12) per share, for a total transaction of £24,450 ($31,840.08). Also, insider Miroslaw Stachowicz purchased 29,022 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was bought at an average price of GBX 171 ($2.23) per share, for a total transaction of £49,627.62 ($64,627.71). Over the last ninety days, insiders have acquired 52,858 shares of company stock valued at $8,892,210.
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About Stock Spirits Group PLC
Stock Spirits Group PLC is a United Kingdom-based spirits company. The Company, together with its subsidiaries, is involved in the production and distribution of branded spirits in Central and Eastern Europe. It operates through five segments: Poland, Czech Republic, Italy, Other Operational and Corporate.
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