Xaar plc (XAR) Announces Dividend of GBX 3.40
Xaar plc (LON:XAR) announced a dividend on Wednesday, September 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 14th will be paid a dividend of GBX 3.40 ($0.04) per share on Thursday, October 12th. This represents a yield of 0.81%. The ex-dividend date of this dividend is Thursday, September 14th. The official announcement can be accessed at this link.
Shares of Xaar plc (XAR) traded up 0.24% during mid-day trading on Wednesday, reaching GBX 423.00. 7,613 shares of the company traded hands. Xaar plc has a 52 week low of GBX 325.00 and a 52 week high of GBX 520.00. The stock’s market capitalization is GBX 323.03 million. The firm has a 50 day moving average of GBX 410.31 and a 200-day moving average of GBX 377.29.
In related news, insider Lily Liu acquired 10,000 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were purchased at an average price of GBX 411 ($5.31) per share, for a total transaction of £41,100 ($53,080.20).
Separately, Peel Hunt restated a “buy” rating and set a GBX 470 ($6.07) price objective on shares of Xaar plc in a report on Wednesday, September 6th.
Xaar plc Company Profile
Xaar plc is engaged in the development of digital inkjet technology and manufacture of piezoelectric drop-on-demand industrial inkjet printheads. The Company’s segments are product sales, commissions and fees, and royalties. It offers a range of industrial inkjet printheads and printhead systems, which are designed and produced to meet the customer-driven requirements of a range of manufacturing applications.
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