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Cerillion (LON:CER) Hits New 12-Month High After Dividend Announcement

Cerillion logo with Computer and Technology background

Cerillion Plc (LON:CER - Get Free Report) shares reached a new 52-week high on Monday after the company announced a dividend. The company traded as high as GBX 1,970 ($24.97) and last traded at GBX 1,926.75 ($24.42), with a volume of 29900 shares trading hands. The stock had previously closed at GBX 1,880 ($23.83).

The newly announced dividend which will be paid on Thursday, February 20th. Stockholders of record on Tuesday, December 24th will be given a dividend of GBX 9.20 ($0.12) per share. This represents a dividend yield of 0.49%. This is a positive change from Cerillion's previous dividend of $4.00. The ex-dividend date is Tuesday, December 24th. Cerillion's dividend payout ratio is presently 2,500.00%.

Cerillion Stock Up 1.3 %

The company has a debt-to-equity ratio of 6.39, a quick ratio of 2.75 and a current ratio of 3.11. The stock's 50 day simple moving average is GBX 1,775.99 and its 200 day simple moving average is GBX 1,721.07. The firm has a market cap of £562.74 million, a P/E ratio of 4,004.17 and a beta of 0.90.

Cerillion Company Profile

(Get Free Report)

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific. It operates through three segments: Software, Services, and Third-Party. The company offers Cerillion Unify, a pre-packaged SaaS solution for quad-play CSPs; Cerillion Enterprise, a BSS/OSS solution for B2B telcos; Cerillion Engage, a streamlined BSS/OSS solution for digital brands; Cerillion Skyline, SaaS solution for subscription businesses; and Cerillion Metro BSS/OSS solution for smart cities.

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