IDOX plc (LON:IDOX) Declares Dividend Increase - GBX 0.70 Per Share

IDOX plc (LON:IDOX - Get Free Report) announced a dividend on Tuesday, January 28th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be given a dividend of GBX 0.70 ($0.01) per share on Thursday, April 17th. This represents a yield of 1.18%. The ex-dividend date is Thursday, April 3rd. This is a 16.7% increase from IDOX's previous dividend of $0.60. The official announcement can be seen at this link.

IDOX Trading Down 3.5 %

IDOX traded down GBX 2 ($0.03) during trading on Thursday, hitting GBX 55.60 ($0.73). The company's stock had a trading volume of 874,637 shares, compared to its average volume of 739,627. IDOX has a twelve month low of GBX 53.31 ($0.70) and a twelve month high of GBX 69 ($0.90). The stock has a market cap of £254.26 million, a PE ratio of 45.89, a PEG ratio of 3.15 and a beta of 0.38. The firm's 50 day moving average price is GBX 59.27 and its 200-day moving average price is GBX 60.73. The company has a debt-to-equity ratio of 30.03, a current ratio of 0.70 and a quick ratio of 1.00.

IDOX (LON:IDOX - Get Free Report) last released its earnings results on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) earnings per share for the quarter. IDOX had a return on equity of 7.18% and a net margin of 6.82%. On average, analysts expect that IDOX will post 2.7173913 earnings per share for the current year.

Remove Ads

Analysts Set New Price Targets

IDOX has been the subject of a number of recent analyst reports. Berenberg Bank restated a "buy" rating and issued a GBX 81 ($1.06) target price on shares of IDOX in a report on Tuesday, January 28th. Canaccord Genuity Group restated a "buy" rating and set a GBX 90 ($1.18) price objective on shares of IDOX in a report on Friday, March 14th.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.