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.

COPYRIGHT VIOLATION NOTICE: “Iomart Group Plc (LON:IOM) Increases Dividend to GBX 5.01 Per Share” was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2019/06/12/iomart-group-plc-loniom-increases-dividend-to-gbx-5-01-per-share.html.

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.

Read More: How the Consumer Price Index (CPI) is calculated?

Dividend History for Iomart Group (LON:IOM)

Receive News & Ratings for Iomart Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iomart Group and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply