Vitec Group plc (VTC) Announces GBX 10.40 Dividend
Vitec Group plc (LON:VTC) announced a dividend on Thursday, August 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 10.40 ($0.13) per share on Friday, October 20th. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, September 21st. The official announcement can be seen at this link.
Vitec Group plc (LON VTC) traded down 2.12% during mid-day trading on Friday, hitting GBX 947.50. The stock had a trading volume of 15,518 shares. The company has a 50-day moving average of GBX 984.86 and a 200-day moving average of GBX 924.56. The firm’s market cap is GBX 423.92 million. Vitec Group plc has a 12-month low of GBX 590.00 and a 12-month high of GBX 1,041.00.
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A number of equities analysts recently commented on the company. Berenberg Bank assumed coverage on Vitec Group plc in a research note on Friday, June 2nd. They issued a “buy” rating and a GBX 1,150 ($14.85) price target for the company. Peel Hunt reiterated a “buy” rating and issued a GBX 1,185 ($15.30) price target on shares of Vitec Group plc in a research note on Friday, August 11th. Finally, Canaccord Genuity lifted their price target on Vitec Group plc from GBX 875 ($11.30) to GBX 1,025 ($13.24) and gave the stock a “buy” rating in a research note on Thursday, May 25th. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 1,077.50 ($13.92).
Vitec Group plc Company Profile
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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