The Pebble Group plc (LON:PEBB – Get Free Report) traded down 2.4% during mid-day trading on Thursday . The company traded as low as GBX 60 ($0.74) and last traded at GBX 61 ($0.75). 18,044 shares traded hands during trading, a decline of 96% from the average session volume of 467,700 shares. The stock had previously closed at GBX 62.50 ($0.77).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a “buy” rating on shares of The Pebble Group in a research report on Thursday, March 28th.
Get Our Latest Analysis on The Pebble Group
The Pebble Group Price Performance
The Pebble Group Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, April 4th will be issued a GBX 1.20 ($0.01) dividend. The ex-dividend date is Thursday, April 4th. This is a boost from The Pebble Group’s previous dividend of $0.60. This represents a yield of 1.92%. The Pebble Group’s payout ratio is 3,333.33%.
About The Pebble Group
The Pebble Group plc sells digital commerce, products, and related services to the promotional merchandise industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional products and related services to various brands operating in the engineering, financial services, health, beauty, FMCG, technology, transport, and other sectors.
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