Iomart Group Plc (LON:IOM) Increases Dividend to GBX 5.01 Per Share

Iomart Group Plc (LON:IOM) declared a dividend on Wednesday, June 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 5.01 ($0.07) per share on Thursday, September 5th. This represents a dividend yield of 1.41%. The ex-dividend date is Thursday, August 15th. This is a boost from Iomart Group’s previous dividend of $2.45. The official announcement can be seen at this link.

Shares of LON:IOM traded up GBX 13.50 ($0.18) during trading on Wednesday, hitting GBX 355 ($4.64). 101,198 shares of the company traded hands, compared to its average volume of 113,357. The firm has a market capitalization of $371.02 million and a PE ratio of 32.57. Iomart Group has a one year low of GBX 308 ($4.02) and a one year high of GBX 475 ($6.21). The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 42.86.

Several equities analysts have recently commented on IOM shares. Peel Hunt reaffirmed a “buy” rating on shares of Iomart Group in a report on Monday. Shore Capital reaffirmed a “buy” rating on shares of Iomart Group in a report on Monday, April 1st. Finally, FinnCap reaffirmed a “corporate” rating on shares of Iomart Group in a report on Tuesday.

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About Iomart Group

iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates through two segments, Cloud Services and Easyspace. The company offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets. It also provides managed cloud computing facilities and services through a network of owned datacenters to larger SME and corporate markets; and data storage, backup, and virtualization solutions.

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Dividend History for Iomart Group (LON:IOM)

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