RS Group plc (RS1) to Issue Dividend of GBX 13.70 on July 19th

RS Group plc (LON:RS1Get Free Report) announced a dividend on Wednesday, May 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 13th will be given a dividend of GBX 13.70 ($0.17) per share on Friday, July 19th. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, June 13th. This is a positive change from RS Group’s previous dividend of $8.30. The official announcement can be accessed at this link.

RS Group Stock Performance

LON RS1 opened at GBX 709 ($9.03) on Tuesday. RS Group has a 1 year low of GBX 551.20 ($7.02) and a 1 year high of GBX 852.60 ($10.86). The company has a debt-to-equity ratio of 47.24, a current ratio of 2.01 and a quick ratio of 1.24. The firm has a market cap of £3.36 billion, a price-to-earnings ratio of 1,798.72, a PEG ratio of 1.85 and a beta of 0.89. The company has a fifty day moving average price of GBX 741.55 and a 200-day moving average price of GBX 761.42.

Insider Activity at RS Group

In other RS Group news, insider Simon Pryce bought 6,114 shares of the business’s stock in a transaction on Wednesday, May 29th. The stock was purchased at an average price of GBX 740 ($9.42) per share, for a total transaction of £45,243.60 ($57,613.14). In other RS Group news, insider Simon Pryce bought 6,114 shares of the business’s stock in a transaction on Wednesday, May 29th. The stock was purchased at an average price of GBX 740 ($9.42) per share, for a total transaction of £45,243.60 ($57,613.14). Also, insider Kate Ringrose bought 2,421 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were acquired at an average price of GBX 822 ($10.47) per share, with a total value of £19,900.62 ($25,341.42). 0.66% of the stock is owned by company insiders.

Analysts Set New Price Targets

RS1 has been the subject of several research reports. Royal Bank of Canada reduced their price target on shares of RS Group from GBX 925 ($11.78) to GBX 900 ($11.46) and set an “outperform” rating for the company in a research report on Wednesday, May 29th. Shore Capital restated a “hold” rating on shares of RS Group in a research report on Wednesday, May 22nd.

Check Out Our Latest Stock Report on RS Group

About RS Group

(Get Free Report)

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.

Further Reading

Dividend History for RS Group (LON:RS1)

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