FDM Group (Holdings) plc (LON:FDM) Raises Dividend to GBX 22 Per Share

FDM Group (Holdings) plc (LON:FDM - Get Free Report) announced a dividend on Tuesday, March 18th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 20th will be paid a dividend of GBX 22 ($0.28) per share on Thursday, March 27th. This represents a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 120.0% increase from FDM Group's previous dividend of $10.00. The official announcement can be accessed at this link.

FDM Group Trading Up 0.8 %

LON FDM traded up GBX 2 ($0.03) during trading hours on Friday, reaching GBX 252 ($3.25). The company had a trading volume of 419,178 shares, compared to its average volume of 557,330. The stock has a 50-day moving average of GBX 238.99 and a 200 day moving average of GBX 313.66. FDM Group has a 1-year low of GBX 211 ($2.72) and a 1-year high of GBX 472 ($6.10). The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75. The stock has a market capitalization of £275.11 million, a P/E ratio of 9.04 and a beta of 0.97.

FDM Group (LON:FDM - Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported GBX 23 ($0.30) earnings per share for the quarter. FDM Group had a net margin of 10.34% and a return on equity of 42.26%. As a group, research analysts anticipate that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "house stock" rating on shares of FDM Group in a research report on Wednesday.

Insider Buying and Selling at FDM Group

In other FDM Group news, insider Sheila Flavell bought 338 shares of the business's stock in a transaction on Thursday, January 9th. The shares were bought at an average cost of GBX 295 ($3.81) per share, with a total value of £997.10 ($1,287.58). Also, insider Michael (Mike) McLaren purchased 225 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of GBX 221 ($2.85) per share, for a total transaction of £497.25 ($642.11). Insiders acquired 775 shares of company stock worth $199,255 in the last 90 days. 17.79% of the stock is owned by company insiders.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.