Sky Plc Declares Dividend of GBX 10 (SKY)

Sky Plc (LON:SKY) announced a dividend on Thursday, October 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 11th will be paid a dividend of GBX 10 ($0.13) per share on Friday, February 9th. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, January 11th. The official announcement can be viewed at this link.

Shares of SKY (LON:SKY) opened at GBX 1,009.50 ($13.50) on Friday. The company has a market capitalization of $17,350.00 and a P/E ratio of 2,523.75. SKY has a 52 week low of GBX 11.40 ($0.15) and a 52 week high of GBX 1,028.50 ($13.75).

Several equities research analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of SKY in a research note on Tuesday, November 7th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,060 ($14.17) target price on shares of SKY in a research note on Friday, October 27th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,160 ($15.51) target price on shares of SKY in a research note on Wednesday, September 13th. Credit Suisse Group reiterated a “neutral” rating and issued a GBX 1,075 ($14.37) price target on shares of SKY in a report on Wednesday, September 13th. Finally, S&P Global set a GBX 1,075 ($14.37) price target on SKY and gave the company a “buy” rating in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 1,098.33 ($14.69).

In related news, insider Tracy Jayne Clarke purchased 75 shares of SKY stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of GBX 940 ($12.57) per share, with a total value of £705 ($942.64). Also, insider Andrew (Andy) Sukawaty purchased 113 shares of SKY stock in a transaction dated Friday, October 27th. The shares were bought at an average cost of GBX 938 ($12.54) per share, for a total transaction of £1,059.94 ($1,417.22). Over the last quarter, insiders purchased 258 shares of company stock valued at $247,824.

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About SKY

Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.

Dividend History for SKY (LON:SKY)

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