Park Group plc (LON:PARK) to Issue Dividend Increase – GBX 2.15 Per Share

Park Group plc (LON:PARK) declared a dividend on Wednesday, June 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be given a dividend of GBX 2.15 ($0.03) per share on Tuesday, October 1st. This represents a yield of 3.15%. The ex-dividend date is Thursday, August 22nd. This is an increase from Park Group’s previous dividend of $1.05. The official announcement can be seen at this link.

Park Group stock traded down GBX 0.25 ($0.00) during mid-day trading on Wednesday, reaching GBX 68.25 ($0.89). 191,736 shares of the company were exchanged. Park Group has a twelve month low of GBX 63 ($0.82) and a twelve month high of GBX 82.50 ($1.08). The stock has a market capitalization of $127.18 million and a price-to-earnings ratio of 11.77.

Separately, Liberum Capital initiated coverage on Park Group in a research report on Wednesday. They set a “buy” rating and a GBX 80 ($1.05) price objective for the company.

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About Park Group

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.

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