Cybg Plc to Issue Dividend of GBX 1 (CYBG)

Cybg Plc (LON:CYBG) declared a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 18th will be paid a dividend of GBX 1 ($0.01) per share on Friday, February 16th. This represents a yield of 0.32%. The ex-dividend date is Thursday, January 18th. The official announcement can be accessed at this link.

Cybg (CYBG) opened at GBX 327.60 ($4.44) on Friday. The stock has a market capitalization of $2,900.00 and a price-to-earnings ratio of 1,927.06. Cybg has a one year low of GBX 257.10 ($3.49) and a one year high of GBX 341.60 ($4.63).

In other news, insider Debbie Crosbie acquired 159 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was bought at an average price of GBX 313 ($4.24) per share, with a total value of £497.67 ($674.90). Also, insider Tim Wade acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average cost of GBX 321 ($4.35) per share, with a total value of £64,200 ($87,062.65). Insiders purchased 20,298 shares of company stock valued at $6,514,687 in the last ninety days.

CYBG has been the subject of several recent analyst reports. Jefferies Group boosted their price target on Cybg from GBX 254 ($3.44) to GBX 294 ($3.99) and gave the stock a “hold” rating in a research note on Friday, November 10th. Numis Securities boosted their price target on Cybg from GBX 210 ($2.85) to GBX 250 ($3.39) and gave the stock a “sell” rating in a research note on Thursday, November 23rd. Shore Capital restated a “hold” rating on shares of Cybg in a research note on Tuesday, November 21st. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 220 ($2.98) price target on shares of Cybg in a research note on Tuesday, September 19th. Finally, Citigroup restated a “sell” rating on shares of Cybg in a research note on Wednesday, December 6th. Six investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. Cybg presently has a consensus rating of “Hold” and a consensus target price of GBX 279.82 ($3.79).

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About Cybg

CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.

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