C&C Group plc (LON:CCR) Announces €0.02 Dividend

C&C Group plc (LON:CCR - Get Free Report) announced a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be paid a dividend of €0.02 ($0.02) per share on Friday, December 13th. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, November 14th. The official announcement can be accessed at this link.

C&C Group Stock Down 4.2 %

C&C Group stock traded down GBX 6.80 ($0.09) during mid-day trading on Tuesday, reaching GBX 154.80 ($2.01). The company's stock had a trading volume of 872,997 shares, compared to its average volume of 694,825. The business's 50 day simple moving average is GBX 157.45 and its 200 day simple moving average is GBX 160.55. The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16. C&C Group has a 12 month low of GBX 131 ($1.70) and a 12 month high of GBX 178.20 ($2.31). The company has a market capitalization of £592.37 million, a price-to-earnings ratio of -645.00, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of C&C Group in a research report on Monday, September 9th.

Insider Activity at C&C Group

In other news, insider Feargal O'Rourke bought 50,000 shares of the business's stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of GBX 156 ($2.02) per share, for a total transaction of £78,000 ($101,154.20). 3.38% of the stock is owned by company insiders.

About C&C Group

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.