Diploma PLC (LON:DPLM) declared a dividend on Monday, November 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 30th will be paid a dividend of GBX 16 ($0.21) per share on Wednesday, January 24th. This represents a dividend yield of 1.34%. The ex-dividend date is Thursday, November 30th. This is an increase from Diploma’s previous dividend of $7.00. The official announcement can be viewed at this link.

Diploma (DPLM) traded down GBX 3 ($0.04) on Wednesday, reaching GBX 1,177 ($15.76). The company’s stock had a trading volume of 26,191 shares, compared to its average volume of 92,616. Diploma has a 52 week low of GBX 904 ($12.11) and a 52 week high of GBX 1,270 ($17.01).

Diploma (LON:DPLM) last posted its earnings results on Monday, November 20th. The company reported GBX 49.80 ($0.67) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 48.20 ($0.65) by GBX 1.60 ($0.02). Diploma had a return on equity of 18.70% and a net margin of 10.32%. The company had revenue of £451.90 million for the quarter.

Several equities analysts have issued reports on DPLM shares. Barclays lifted their target price on Diploma from GBX 1,000 ($13.39) to GBX 1,030 ($13.79) and gave the company an “equal weight” rating in a research note on Friday, November 24th. Berenberg Bank assumed coverage on Diploma in a report on Wednesday, September 6th. They issued a “buy” rating and a GBX 1,280 ($17.14) price target for the company. Numis Securities reissued an “add” rating and issued a GBX 1,190 ($15.94) price target on shares of Diploma in a report on Wednesday, August 30th. Peel Hunt reissued an “add” rating and issued a GBX 1,165 ($15.60) price target on shares of Diploma in a report on Wednesday, August 30th. Finally, Jefferies Group raised their price target on Diploma from GBX 1,250 ($16.74) to GBX 1,350 ($18.08) and gave the stock a “buy” rating in a report on Wednesday, November 22nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,225 ($16.41).

In other Diploma news, insider Nigel Lingwood sold 52,360 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of GBX 1,196 ($16.02), for a total value of £626,225.60 ($838,657.56).

COPYRIGHT VIOLATION NOTICE: “Diploma PLC (DPLM) Raises Dividend to GBX 16 Per Share” was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/29/diploma-plc-dplm-raises-dividend-to-gbx-16-per-share.html.

Diploma Company Profile

Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.

Dividend History for Diploma (LON:DPLM)

Receive News & Ratings for Diploma PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diploma PLC and related companies with MarketBeat.com's FREE daily email newsletter.