Speedy Hire Plc (SDY) Plans GBX 0.50 Dividend
Speedy Hire Plc (LON:SDY) declared a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 14th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, January 26th. This represents a dividend yield of 0.89%. The ex-dividend date is Thursday, December 14th. The official announcement can be seen at this link.
Speedy Hire (LON SDY) traded down GBX 0.75 ($0.01) during trading hours on Friday, hitting GBX 56.50 ($0.76). 282,971 shares of the company’s stock traded hands, compared to its average volume of 808,260. Speedy Hire has a 12-month low of GBX 46 ($0.62) and a 12-month high of GBX 60 ($0.81).
A number of equities research analysts have recently issued reports on SDY shares. Liberum Capital boosted their target price on shares of Speedy Hire from GBX 62 ($0.83) to GBX 71 ($0.96) and gave the company a “buy” rating in a research report on Tuesday, November 14th. Peel Hunt reissued a “buy” rating and issued a GBX 65 ($0.87) target price on shares of Speedy Hire in a research report on Friday, November 24th. Beaufort Securities reissued a “hold” rating on shares of Speedy Hire in a research report on Wednesday, September 20th. Finally, N+1 Singer reissued a “buy” rating and issued a GBX 63 ($0.85) target price on shares of Speedy Hire in a research report on Tuesday, September 19th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Speedy Hire presently has an average rating of “Buy” and a consensus target price of GBX 67.25 ($0.91).
Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.
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