Coats Group plc (LON:COA) Announces Dividend of $0.01

Coats Group plc (LON:COA) announced a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, October 17th will be given a dividend of $0.01 per share on Thursday, November 14th. This represents a yield of 0.81%. The ex-dividend date is Thursday, October 17th. The official announcement can be seen at this link.

Coats Group Trading Up 7.4 %

Coats Group stock opened at GBX 96.15 ($1.24) on Thursday. The stock has a market cap of £1.53 billion, a PE ratio of 2,306.03, a P/E/G ratio of 0.92 and a beta of 1.38. The stock has a 50-day moving average price of GBX 84.30 and a 200 day moving average price of GBX 79.41. Coats Group has a 52 week low of GBX 64.30 ($0.83) and a 52 week high of GBX 97.80 ($1.26). The company has a current ratio of 1.16, a quick ratio of 1.06 and a debt-to-equity ratio of 102.36.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 90 ($1.16) price objective on shares of Coats Group in a research report on Thursday, July 4th.

About Coats Group

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.