Bytes Technology Group plc (BYIT) To Go Ex-Dividend on July 18th

Bytes Technology Group plc (LON:BYIT) announced a dividend on Thursday, May 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 18th will be paid a dividend of GBX 14.70 ($0.19) per share on Friday, August 2nd. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, July 18th. This is an increase from Bytes Technology Group’s previous dividend of $2.70. The official announcement can be viewed at this link.

Bytes Technology Group Trading Up 3.5 %

Shares of LON BYIT opened at GBX 509.50 ($6.61) on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 3.50. Bytes Technology Group has a 12 month low of GBX 452.60 ($5.87) and a 12 month high of GBX 665 ($8.62). The company has a market cap of £1.22 billion, a price-to-earnings ratio of 2,591.58, a P/E/G ratio of 2.27 and a beta of 0.67. The business has a fifty day simple moving average of GBX 544.07 and a 200-day simple moving average of GBX 554.76.

Insiders Place Their Bets

In other news, insider Sam Mudd bought 8,900 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were acquired at an average cost of GBX 561 ($7.28) per share, with a total value of £49,929 ($64,750.36). In other Bytes Technology Group news, insider Sam Mudd purchased 8,900 shares of the stock in a transaction dated Monday, June 3rd. The shares were acquired at an average price of GBX 561 ($7.28) per share, for a total transaction of £49,929 ($64,750.36). Also, insider Ross Paterson acquired 6,429 shares of Bytes Technology Group stock in a transaction that occurred on Thursday, June 20th. The stock was acquired at an average cost of GBX 572 ($7.42) per share, with a total value of £36,773.88 ($47,690.16). In the last quarter, insiders have purchased 16,438 shares of company stock worth $9,275,802. Company insiders own 9.52% of the company’s stock.

About Bytes Technology Group

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services.