XP Power Ltd. (LON:XPP) announced a dividend on Monday, October 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 14th will be given a dividend of GBX 18 ($0.24) per share on Thursday, January 11th. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, December 14th. This is a positive change from XP Power’s previous dividend of $16.00. The official announcement can be accessed at this link.

Shares of XP Power (XPP) opened at 3139.00 on Tuesday. The company’s market capitalization is GBX 598.04 million. The company’s 50 day moving average price is GBX 2,688.15 and its 200 day moving average price is GBX 2,556.92. XP Power has a 52-week low of GBX 1,675.00 and a 52-week high of GBX 3,150.00.

Several brokerages recently issued reports on XPP. Investec increased their price objective on XP Power from GBX 3,130 ($41.15) to GBX 3,430 ($45.10) and gave the stock a “buy” rating in a research note on Monday. Peel Hunt increased their price objective on XP Power from GBX 2,680 ($35.24) to GBX 3,200 ($42.07) and gave the stock a “buy” rating in a research note on Monday.

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XP Power Company Profile

XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.

Dividend History for XP Power (LON:XPP)

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