Discoverie Group PLC (DSCV) to Issue Dividend of GBX 2.97 on January 6th

Discoverie Group PLC (LON:DSCV) announced a dividend on Thursday, November 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 12th will be paid a dividend of GBX 2.97 ($0.04) per share on Monday, January 6th. This represents a dividend yield of 0.54%. The ex-dividend date is Thursday, December 12th. The official announcement can be viewed at this link.

Shares of DSCV opened at GBX 550 ($7.19) on Friday. The company has a current ratio of 1.87, a quick ratio of 1.14 and a debt-to-equity ratio of 63.99. Discoverie Group has a 12-month low of GBX 324 ($4.23) and a 12-month high of GBX 581.88 ($7.60). The firm has a 50-day moving average price of GBX 492.62 and a 200 day moving average price of GBX 445.24. The firm has a market capitalization of $487.88 million and a P/E ratio of 28.35.

A number of equities research analysts recently issued reports on DSCV shares. Peel Hunt reissued a “buy” rating on shares of Discoverie Group in a report on Thursday. Jefferies Financial Group upped their price objective on shares of Discoverie Group from GBX 500 ($6.53) to GBX 540 ($7.06) and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, FinnCap reissued a “corporate” rating and issued a GBX 579 ($7.57) price objective (up previously from GBX 535 ($6.99)) on shares of Discoverie Group in a report on Thursday. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Discoverie Group has an average rating of “Buy” and a consensus target price of GBX 539.80 ($7.05).

About Discoverie Group

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates through two divisions, Design & Manufacturing and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.

Further Reading: S&P/TSX Index

Dividend History for Discoverie Group (LON:DSCV)

Receive News & Ratings for Discoverie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discoverie Group and related companies with MarketBeat.com's FREE daily email newsletter.