Babcock International Group plc (LON:BAB) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 7th will be given a dividend of GBX 6.85 ($0.09) per share on Tuesday, January 16th. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, December 7th. The official announcement can be accessed at this link.

Babcock International Group (BAB) traded down GBX 14.18 ($0.19) during trading on Friday, hitting GBX 682.82 ($9.14). 3,610,000 shares of the stock traded hands, compared to its average volume of 2,730,000. Babcock International Group has a 1 year low of GBX 657 ($8.80) and a 1 year high of GBX 1,030 ($13.79).

In other news, insider Mike Turner purchased 9,500 shares of the business’s stock in a transaction on Monday, November 27th. The shares were acquired at an average cost of GBX 673 ($9.01) per share, with a total value of £63,935 ($85,623.41).

BAB has been the subject of several research analyst reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,085 ($14.53) price target on shares of Babcock International Group in a research note on Tuesday, November 14th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research note on Friday, November 17th. Liberum Capital reissued a “buy” rating and issued a GBX 1,100 ($14.73) price objective on shares of Babcock International Group in a research note on Friday, November 10th. Panmure Gordon reissued a “buy” rating and issued a GBX 1,000 ($13.39) price objective on shares of Babcock International Group in a research note on Tuesday, November 21st. Finally, Goldman Sachs Group reissued a “buy” rating and issued a GBX 920 ($12.32) price objective (down previously from GBX 1,330 ($17.81)) on shares of Babcock International Group in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Babcock International Group has a consensus rating of “Buy” and a consensus target price of GBX 1,010 ($13.53).

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Babcock International Group Company Profile

Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy’s submarines, naval ships and infrastructure.

Dividend History for Babcock International Group (LON:BAB)

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