Plus500 Ltd (LON:PLUS) insider Michael (Mark) Charles Fairbairn bought 5,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were bought at an average price of GBX 1,040 ($13.72) per share, for a total transaction of £52,000 ($68,619.69).

The company also recently announced a dividend, which will be paid on Thursday, November 23rd. Investors of record on Thursday, September 7th will be issued a $0.24 dividend. This represents a yield of 2.21%. The ex-dividend date is Thursday, September 7th.

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A number of brokerages recently issued reports on PLUS. Liberum Capital reiterated a “buy” rating and issued a GBX 1,020 ($13.46) price objective on shares of Plus500 in a research report on Tuesday. Berenberg Bank upgraded Plus500 to a “buy” rating and increased their price objective for the stock from GBX 560 ($7.39) to GBX 725 ($9.57) in a research report on Thursday, August 3rd.

About Plus500

Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.

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