Good Energy Group PLC (LON:GOOD) to Issue Dividend Increase – GBX 1.80 Per Share

Good Energy Group PLC (LON:GOODGet Rating) declared a dividend on Wednesday, May 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 9th will be paid a dividend of GBX 1.80 ($0.02) per share on Wednesday, July 13th. This represents a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, June 9th. This is a boost from Good Energy Group’s previous dividend of $0.75. The official announcement can be seen at this link.

GOOD stock opened at GBX 240 ($3.02) on Friday. The company has a 50-day simple moving average of GBX 256.71 and a 200 day simple moving average of GBX 260.54. The company has a market capitalization of £40.35 million and a P/E ratio of -11.71. The company has a quick ratio of 0.48, a current ratio of 1.33 and a debt-to-equity ratio of 24.50. Good Energy Group has a fifty-two week low of GBX 218.90 ($2.75) and a fifty-two week high of GBX 398 ($5.01).

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 475 ($5.98) price objective on shares of Good Energy Group in a report on Wednesday, April 13th.

In other Good Energy Group news, insider Juliet Davenport sold 20,000 shares of the business’s stock in a transaction dated Monday, April 11th. The stock was sold at an average price of GBX 260 ($3.27), for a total value of £52,000 ($65,433.50).

About Good Energy Group (Get Rating)

Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine machinery and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.

Further Reading

Dividend History for Good Energy Group (LON:GOOD)

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