Hollywood Bowl Group plc (LON:BOWL) Raises Dividend to GBX 8.08 Per Share

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) declared a dividend on Tuesday, December 17th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 8.08 ($0.10) per share on Friday, February 21st. This represents a yield of 2.42%. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from Hollywood Bowl Group's previous dividend of $3.98. The official announcement can be accessed at this link.

Hollywood Bowl Group Stock Down 11.5 %

Shares of BOWL traded down GBX 38.50 ($0.49) during trading hours on Tuesday, hitting GBX 295 ($3.74). 2,801,725 shares of the company were exchanged, compared to its average volume of 581,225. The firm's 50 day moving average is GBX 322.26 and its 200-day moving average is GBX 317.99. The company has a debt-to-equity ratio of 135.91, a quick ratio of 1.62 and a current ratio of 1.24. Hollywood Bowl Group has a 52 week low of GBX 275 ($3.49) and a 52 week high of GBX 355 ($4.50). The company has a market cap of £507.64 million, a PE ratio of 1,475.00, a PEG ratio of 0.87 and a beta of 1.26.

Insider Buying and Selling at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Stephen Burns acquired 13,210 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, December 17th. The stock was bought at an average cost of GBX 300 ($3.81) per share, with a total value of £39,630 ($50,279.12). Also, insider Peter Boddy bought 100,000 shares of the company's stock in a transaction that occurred on Wednesday, November 13th. The shares were bought at an average cost of GBX 320 ($4.06) per share, for a total transaction of £320,000 ($405,988.33). Corporate insiders own 4.36% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BOWL shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 420 ($5.33) target price on shares of Hollywood Bowl Group in a research report on Thursday, November 28th. Shore Capital reaffirmed a "buy" rating on shares of Hollywood Bowl Group in a report on Tuesday.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.