ITV plc (LON:ITV) to Issue GBX 3.30 Dividend

ITV plc (LON:ITV - Get Free Report) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 3.30 ($0.04) per share by the broadcaster on Thursday, May 22nd. This represents a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 10th. The official announcement can be accessed at this link.

ITV Price Performance

LON:ITV traded up GBX 1 ($0.01) during trading hours on Friday, hitting GBX 67.30 ($0.88). The company's stock had a trading volume of 17,013,592 shares, compared to its average volume of 29,313,613. The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56. ITV has a 52-week low of GBX 61.29 ($0.80) and a 52-week high of GBX 89 ($1.16). The company has a market capitalization of £2.60 billion, a PE ratio of 6.15, a PEG ratio of -0.53 and a beta of 1.44. The business's 50-day moving average is GBX 74.98 and its two-hundred day moving average is GBX 73.69.

ITV (LON:ITV - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.13) EPS for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. As a group, research analysts anticipate that ITV will post 1120 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 115 ($1.50) price objective on shares of ITV in a report on Wednesday, March 12th.

Insiders Place Their Bets

In other news, insider Carolyn McCall sold 267,242 shares of the company's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.03), for a total transaction of £211,121.18 ($276,228.16). Also, insider Chris Kennedy sold 398,708 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 68 ($0.89), for a total transaction of £271,121.44 ($354,731.70). 10.64% of the stock is currently owned by company insiders.

About ITV

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment. ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.