Smart Metering Systems PLC (LON:SMS) declared a dividend on Tuesday, September 20th. Stockholders of record on Thursday, October 20th will be given a dividend of GBX 1.37 ($0.02) per share on Friday, November 25th. This represents a dividend yield of 0.25%. The ex-dividend date is Thursday, October 20th. The official announcement can be accessed at this link.

Smart Metering Systems PLC (LON:SMS) opened at 573.00 on Wednesday. The stock has a 50 day moving average price of GBX 549.39 and a 200-day moving average price of GBX 462.02. The firm’s market capitalization is GBX 496.91 million. Smart Metering Systems PLC has a 12-month low of GBX 299.24 and a 12-month high of GBX 638.69.

SMS has been the subject of a number of recent analyst reports. Panmure Gordon increased their price objective on Smart Metering Systems PLC from GBX 565 ($6.89) to GBX 650 ($7.92) and gave the stock a “buy” rating in a report on Tuesday, September 20th. Peel Hunt reissued a “buy” rating on shares of Smart Metering Systems PLC in a report on Tuesday, September 20th.

In other news, insider Miriam Greenwood purchased 4,650 shares of the firm’s stock in a transaction on Friday, September 23rd. The stock was purchased at an average cost of GBX 545 ($6.64) per share, with a total value of £25,342.50 ($30,886.65). Also, insider Foy,Alan sold 600,000 shares of the stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 435 ($5.30), for a total value of £2,610,000 ($3,180,987.20).

About Smart Metering Systems PLC

Smart Metering Systems plc (SMS) is a United Kingdom-based company engaged in providing metering services. The Company’s metering services connects, owns, operates and maintains generation and new metering assets and databases. The Company operates through two divisions: management of assets and installation of meters.

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