Rank Group PLC (RNK) Declares Dividend Increase – GBX 5.30 Per Share
Rank Group PLC (LON:RNK) announced a dividend on Thursday, August 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 21st will be paid a dividend of GBX 5.30 ($0.07) per share on Tuesday, October 31st. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 21st. This is an increase from Rank Group PLC’s previous dividend of $2.00. The official announcement can be viewed at this link.
Shares of Rank Group PLC (LON:RNK) traded up 0.09% during midday trading on Friday, hitting GBX 235.00. The stock had a trading volume of 152,525 shares. The stock has a 50 day moving average price of GBX 231.75 and a 200-day moving average price of GBX 221.48. Rank Group PLC has a 52 week low of GBX 180.80 and a 52 week high of GBX 243.50. The stock’s market capitalization is GBX 918.07 million.
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RNK has been the topic of several recent research reports. Peel Hunt restated an “add” rating and issued a GBX 265 ($3.42) price target on shares of Rank Group PLC in a research report on Thursday, August 17th. Shore Capital reaffirmed a “buy” rating on shares of Rank Group PLC in a research note on Thursday, August 17th.
About Rank Group PLC
The Rank Group Plc operates gaming services in Great Britain (including the Channel Islands), Spain and Belgium. The Company’s segments include Grosvenor Casinos, Mecca and Enracha. The Company’s Grosvenor Casinos is a multi-channel casino operator in the United Kingdom. Grosvenor Casinos offers a range of casino table games, including roulette, blackjack, baccarat and poker, as well as electric casino and slot machine games.
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