Diploma PLC (DPLM) to Issue Dividend of GBX 16 on January 24th
Diploma PLC (LON:DPLM) announced a dividend on Monday, November 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 30th will be paid a dividend of GBX 16 ($0.21) per share on Wednesday, January 24th. This represents a yield of 1.34%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Diploma’s previous dividend of $7.00. The official announcement can be accessed at this link.
Diploma (DPLM) traded down GBX 9 ($0.12) during mid-day trading on Wednesday, reaching GBX 1,171 ($15.68). The company’s stock had a trading volume of 34,761 shares, compared to its average volume of 92,616. Diploma has a 12-month low of GBX 904 ($12.11) and a 12-month high of GBX 1,270 ($17.01).
Diploma (LON:DPLM) last posted its quarterly earnings results on Monday, November 20th. The company reported GBX 49.80 ($0.67) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 48.20 ($0.65) by GBX 1.60 ($0.02). The firm had revenue of £451.90 million during the quarter. Diploma had a return on equity of 18.70% and a net margin of 10.32%.
A number of research analysts have weighed in on the company. Barclays raised their price target on Diploma from GBX 1,000 ($13.39) to GBX 1,030 ($13.79) and gave the company an “equal weight” rating in a research note on Friday, November 24th. Jefferies Group raised their price target on Diploma from GBX 1,250 ($16.74) to GBX 1,350 ($18.08) and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Peel Hunt restated an “add” rating and issued a GBX 1,165 ($15.60) price target on shares of Diploma in a research note on Monday, November 20th. Numis Securities upgraded Diploma to a “buy” rating and raised their price target for the company from GBX 1,190 ($15.94) to GBX 1,300 ($17.41) in a research note on Monday, November 20th. Finally, Berenberg Bank assumed coverage on Diploma in a research note on Wednesday, September 6th. They issued a “buy” rating and a GBX 1,280 ($17.14) price target for the company. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,225 ($16.41).
In other news, insider Nigel Lingwood sold 52,360 shares of Diploma stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of GBX 1,196 ($16.02), for a total transaction of £626,225.60 ($838,657.56).
COPYRIGHT VIOLATION NOTICE: “Diploma PLC (DPLM) to Issue Dividend of GBX 16 on January 24th” was first posted by Daily Political and is owned by of Daily Political. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.dailypolitical.com/2017/11/29/diploma-plc-dplm-to-issue-dividend-of-gbx-16-on-january-24th.html.
Diploma Company Profile
Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.
Receive News & Ratings for Diploma PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diploma PLC and related companies with MarketBeat.com's FREE daily email newsletter.