RPC Group PLC (LON:RPC) to Issue Dividend of GBX 17.90
RPC Group PLC (LON:RPC) declared a dividend on Wednesday, June 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 10th will be given a dividend of GBX 17.90 ($0.23) per share on Friday, September 1st. This represents a yield of 2.27%. The ex-dividend date of this dividend is Thursday, August 10th. This is a positive change from RPC Group PLC’s previous dividend of $6.50. The official announcement can be accessed at this link.
RPC Group PLC (RPC) opened at 875.50 on Wednesday. The company’s market cap is GBX 1.64 billion. RPC Group PLC has a 52-week low of GBX 714.82 and a 52-week high of GBX 1,106.00. The company has a 50-day moving average of GBX 818.95 and a 200 day moving average of GBX 864.92.
TRADEMARK VIOLATION NOTICE: This piece was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The legal version of this piece can be accessed at https://www.dailypolitical.com/2017/08/09/rpc-group-plc-lonrpc-to-issue-dividend-of-gbx-17-90.html.
In other RPC Group PLC news, insider Lynn Drummond purchased 1,215 shares of the business’s stock in a transaction dated Wednesday, June 7th. The shares were bought at an average price of GBX 823 ($10.72) per share, for a total transaction of £9,999.45 ($13,021.81). Also, insider Simon Kesterton sold 40,648 shares of RPC Group PLC stock in a transaction on Monday, July 24th. The stock was sold at an average price of GBX 886 ($11.54), for a total transaction of £360,141.28 ($468,995.03). In the last quarter, insiders have bought 21,205 shares of company stock worth $16,679,975.
RPC has been the topic of a number of research analyst reports. Deutsche Bank AG restated a “buy” rating and issued a GBX 1,140 ($14.85) target price on shares of RPC Group PLC in a research report on Friday, June 9th. Credit Suisse Group raised their target price on shares of RPC Group PLC from GBX 1,175 ($15.30) to GBX 1,180 ($15.37) and gave the company an “outperform” rating in a research report on Monday, July 3rd. Peel Hunt restated a “buy” rating and issued a GBX 1,135 ($14.78) target price on shares of RPC Group PLC in a research report on Tuesday, June 13th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,250 ($16.28) target price on shares of RPC Group PLC in a research report on Thursday, June 8th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 1,130 ($14.72) target price on shares of RPC Group PLC in a research report on Wednesday, July 19th. Eight equities research analysts have rated the stock with a buy rating, RPC Group PLC has a consensus rating of “Buy” and an average target price of GBX 1,173.13 ($15.28).
About RPC Group PLC
RPC Group Plc is a plastic products design and engineering company. The Company offers a range of consumer products and technical components for the packaging and non-packaging markets. The Company’s business is organized into two segments: Packaging and Non-packaging. The Packaging business serves the food, nonfood (including (general industrial, agrochemical and automotive), personal care (mass personal care, cosmetics and beauty), beverage and healthcare ((pharmaceuticals) markets.
Receive News & Ratings for RPC Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPC Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.