Investec plc (LON:INVP) declared a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 25th will be given a dividend of GBX 13.50 ($0.18) per share on Monday, August 12th. This represents a yield of 2.78%. The ex-dividend date of this dividend is Thursday, July 25th. This is an increase from Investec’s previous dividend of $11.00. The official announcement can be viewed at this link.
LON INVP opened at GBX 501.80 ($6.56) on Thursday. Investec has a one year low of GBX 420 ($5.49) and a one year high of GBX 596.80 ($7.80). The company has a market capitalization of $3.30 billion and a P/E ratio of 9.71.
Separately, Numis Securities reaffirmed a “hold” rating on shares of Investec in a research report on Thursday.
In other Investec news, insider Ian Kantor sold 200,000 shares of the stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of GBX 484 ($6.32), for a total value of £968,000 ($1,264,863.45).
Investec plc, a specialist bank and asset manager, provides various financial products and services in the United Kingdom, South Africa, Australia, other European countries, Hong Kong, India, Mauritius, the United States, and internationally. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking.
Featured Story: Momentum Indicators
Receive News & Ratings for Investec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investec and related companies with MarketBeat.com's FREE daily email newsletter.