Proactis Holdings Plc (PHD) Increases Dividend to GBX 1.40 Per Share

Proactis Holdings Plc (LON:PHD) announced a dividend on Wednesday, October 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 28th will be given a dividend of GBX 1.40 ($0.02) per share on Monday, January 22nd. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Proactis’s previous dividend of $1.30. The official announcement can be accessed at this link.

Shares of Proactis (PHD) remained flat at $GBX 171.50 ($2.31) during mid-day trading on Friday. 23,502 shares of the stock were exchanged, compared to its average volume of 228,339. The stock has a market cap of $158.30 and a price-to-earnings ratio of -3,430.00. Proactis has a 12 month low of GBX 148.51 ($2.00) and a 12 month high of GBX 202.99 ($2.73).

In other news, insider Rodney Potts purchased 3,050 shares of the firm’s stock in a transaction dated Wednesday, October 11th. The shares were acquired at an average price of GBX 163 ($2.19) per share, with a total value of £4,971.50 ($6,691.12). Also, insider Timothy J. Sykes purchased 16,500 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were purchased at an average cost of GBX 155 ($2.09) per share, for a total transaction of £25,575 ($34,421.27). Insiders acquired a total of 25,662 shares of company stock worth $4,050,906 in the last ninety days.

Separately, FinnCap restated a “corporate” rating and issued a GBX 250 ($3.36) price target on shares of Proactis in a research report on Wednesday, October 11th.

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About Proactis

PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions, such as PROACTIS Source-to-Contract, PROACTIS Purchase-to-Pay and PROACTIS Supplier Network solutions.

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