Cake Box Holdings Plc (LON:CBOX) to Issue Dividend Increase – GBX 6.10 Per Share

Cake Box Holdings Plc (LON:CBOXGet Free Report) declared a dividend on Tuesday, June 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 6.10 ($0.08) per share on Tuesday, August 6th. This represents a dividend yield of 3.49%. The ex-dividend date is Thursday, July 11th. This is an increase from Cake Box’s previous dividend of $2.90. The official announcement can be viewed at this link.

Cake Box Stock Up 2.8 %

CBOX stock opened at GBX 180.40 ($2.31) on Wednesday. Cake Box has a one year low of GBX 130 ($1.67) and a one year high of GBX 190 ($2.43). The company has a debt-to-equity ratio of 21.68, a quick ratio of 1.99 and a current ratio of 2.93. The firm’s fifty day moving average is GBX 172.03 and its 200 day moving average is GBX 169.69. The firm has a market cap of £72.16 million, a PE ratio of 1,595.45 and a beta of 1.22.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Cake Box in a research note on Wednesday, June 12th.

Get Our Latest Analysis on CBOX

Insider Transactions at Cake Box

In related news, insider Sukh Ram Chamda purchased 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was bought at an average price of GBX 174 ($2.23) per share, with a total value of £87,000 ($111,438.45). Corporate insiders own 42.38% of the company’s stock.

Cake Box Company Profile

(Get Free Report)

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream cakes in the United Kingdom. It offers cakes by celebration, cakes by design, and seasonal cakes, as well as wedding cakes. The company engages in the property rental activities. Cake Box Holdings Plc was founded in 2008 and is headquartered in London, the United Kingdom.

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Dividend History for Cake Box (LON:CBOX)

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