GKN plc (LON:GKN) Announces GBX 3.10 Dividend
GKN plc (LON:GKN) announced a dividend on Wednesday, July 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 10th will be paid a dividend of GBX 3.10 ($0.04) per share on Monday, September 18th. This represents a yield of 0.94%. The ex-dividend date is Thursday, August 10th. The official announcement can be seen at this link.
Shares of GKN plc (LON GKN) opened at 321.00 on Wednesday. GKN plc has a one year low of GBX 295.20 and a one year high of GBX 379.30. The company’s market capitalization is GBX 5.50 billion. The firm’s 50-day moving average price is GBX 330.53 and its 200-day moving average price is GBX 348.69.
GKN has been the subject of several analyst reports. Deutsche Bank AG reissued a “buy” rating on shares of GKN plc in a research report on Monday, July 10th. Beaufort Securities reissued a “buy” rating on shares of GKN plc in a research report on Thursday, July 27th. Numis Securities Ltd reissued a “buy” rating and set a GBX 420 ($5.47) price target on shares of GKN plc in a research report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reduced their price target on shares of GKN plc from GBX 401 ($5.22) to GBX 384 ($5.00) and set a “neutral” rating for the company in a research report on Wednesday, June 28th. Finally, Barclays PLC reissued an “overweight” rating on shares of GKN plc in a research report on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 376.93 ($4.91).
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GKN plc Company Profile
GKN plc is a global engineering company. The Company is engaged in the design, manufacture and service of systems and components for original equipment manufacturers. The Company operates in four segments: GKN Aerospace, GKN Driveline, GKN Powder Metallurgy and GKN Land Systems. The GKN Aerospace segment is a supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies and aftermarket services.
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