Vitec Group plc (VTC) Announces Dividend of GBX 10.40
Vitec Group plc (LON:VTC) announced a dividend on Thursday, August 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 10.40 ($0.13) per share on Friday, October 20th. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be seen at this link.
Shares of Vitec Group plc (LON VTC) traded down 2.12% during mid-day trading on Friday, reaching GBX 947.50. 15,518 shares of the company’s stock were exchanged. The company has a 50 day moving average price of GBX 984.86 and a 200-day moving average price of GBX 924.56. Vitec Group plc has a one year low of GBX 590.00 and a one year high of GBX 1,041.00. The stock’s market cap is GBX 423.92 million.
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A number of equities analysts have issued reports on VTC shares. Canaccord Genuity boosted their price objective on shares of Vitec Group plc from GBX 875 ($11.30) to GBX 1,025 ($13.24) and gave the company a “buy” rating in a research report on Thursday, May 25th. Berenberg Bank started coverage on shares of Vitec Group plc in a research report on Friday, June 2nd. They issued a “buy” rating and a GBX 1,150 ($14.85) price objective on the stock. Finally, Peel Hunt boosted their price objective on shares of Vitec Group plc from GBX 1,100 ($14.21) to GBX 1,185 ($15.30) and gave the company a “buy” rating in a research report on Thursday, July 13th. Five analysts have rated the stock with a buy rating, Vitec Group plc has a consensus rating of “Buy” and a consensus price target of GBX 1,077.50 ($13.92).
Vitec Group plc Company Profile
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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