FDM Group (Holdings) plc (LON:FDM) Raises Dividend to GBX 18 Per Share

FDM Group (Holdings) plc (LON:FDMGet Rating) announced a dividend on Thursday, March 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 19th will be paid a dividend of GBX 18 ($0.22) per share on Friday, June 10th. This represents a yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 19th. This is a boost from FDM Group’s previous dividend of $15.00. The official announcement can be seen at this link.

Shares of LON FDM opened at GBX 942 ($11.61) on Tuesday. The company has a quick ratio of 2.22, a current ratio of 2.29 and a debt-to-equity ratio of 19.49. FDM Group has a twelve month low of GBX 800 ($9.86) and a twelve month high of GBX 1,380 ($17.01). The company’s fifty day moving average is GBX 1,001.59 and its 200-day moving average is GBX 1,075.30. The stock has a market cap of £1.03 billion and a price-to-earnings ratio of 31.94.

A number of research analysts have issued reports on the company. Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Thursday, March 17th. Barclays reissued an “overweight” rating and set a GBX 1,190 ($14.67) target price on shares of FDM Group in a research note on Monday, March 21st.

In related news, insider Andrew (Andy) Brown bought 3,294 shares of FDM Group stock in a transaction that occurred on Friday, March 18th. The stock was purchased at an average cost of GBX 973 ($11.99) per share, with a total value of £32,050.62 ($39,510.13).

About FDM Group (Get Rating)

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, rest of Europe, the Middle East, Africa, and the Asia Pacific. It is involved in recruiting, training, and placing its own IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.

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Dividend History for FDM Group (LON:FDM)

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