Intermediate Capital Group plc (ICP) to Issue Dividend of GBX 7.50 on January 9th
Intermediate Capital Group plc (LON:ICP) declared a dividend on Tuesday, November 15th. Stockholders of record on Thursday, December 1st will be given a dividend of GBX 7.50 ($0.09) per share on Monday, January 9th. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, December 1st. The official announcement can be accessed at this link.
Intermediate Capital Group plc (LON:ICP) opened at 695.50 on Wednesday. The firm’s market capitalization is GBX 2.03 billion. Intermediate Capital Group plc has a 52-week low of GBX 445.30 and a 52-week high of GBX 707.50. The stock’s 50 day moving average price is GBX 629.36 and its 200 day moving average price is GBX 631.60.
ICP has been the topic of several recent research reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 630 ($7.82) price objective on shares of Intermediate Capital Group plc in a report on Tuesday, August 2nd. Numis Securities Ltd reissued a “hold” rating and set a GBX 524 ($6.50) price objective on shares of Intermediate Capital Group plc in a report on Friday, September 2nd. Societe Generale reissued a “buy” rating and set a GBX 750 ($9.30) price objective on shares of Intermediate Capital Group plc in a report on Friday, November 11th. Jefferies Group reissued a “buy” rating on shares of Intermediate Capital Group plc in a report on Wednesday, November 16th. Finally, Macquarie downgraded Intermediate Capital Group plc to a “neutral” rating and set a GBX 675 ($8.37) price objective on the stock. in a report on Tuesday, November 22nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of GBX 698.86 ($8.67).
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About Intermediate Capital Group plc
Intermediate Capital Group plc (ICG) is a United Kingdom-based investment firm. The Firm provides mezzanine finance, leveraged credit and minority equity. ICG provides mezzanine and equity financing to private equity buyout investors, management-led sponsor-less transactions and companies in need of development financing or debt restructuring solutions.
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