Clipper Logistics PLC (LON:CLG) declared a dividend on Tuesday, August 2nd. Stockholders of record on Thursday, September 22nd will be given a dividend of GBX 4 ($0.05) per share on Thursday, October 20th. This represents a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, September 22nd. This is a positive change from Clipper Logistics PLC’s previous dividend of $2.00. The official announcement can be accessed at this link.

Separately, Numis Securities Ltd downgraded shares of Clipper Logistics PLC to a “hold” rating and set a GBX 290 ($3.79) price target for the company. in a research note on Thursday, May 26th.

Clipper Logistics PLC (LON:CLG) opened at 381.00 on Wednesday. The company’s 50-day moving average is GBX 309.65 and its 200-day moving average is GBX 280.59. The company’s market cap is GBX 381.02 million. Clipper Logistics PLC has a 52 week low of GBX 203.00 and a 52 week high of GBX 394.00.

In related news, insider Parkin ,Steve sold 797,100 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of GBX 288 ($3.76), for a total transaction of £2,295,648 ($2,996,538.31).

Clipper Logistics PLC Company Profile

Clipper Logistics plc is a United Kingdom-based company engaged in providing value-added logistics and other services. The Company provides services to the retail sector and it also operates as distributors of commercial vehicles. The Company’s segments include value-added logistics services and commercial vehicles.

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