Serco Group plc (LON:SRP - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share on Friday, May 9th. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 110.4% increase from Serco Group's previous dividend of $1.34. The official announcement can be viewed at this link.
Serco Group Trading Up 1.1 %
LON SRP traded up GBX 1.70 ($0.02) on Friday, hitting GBX 159.30 ($2.08). The company's stock had a trading volume of 1,912,697 shares, compared to its average volume of 9,691,456. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40. Serco Group has a 52-week low of GBX 136.20 ($1.78) and a 52-week high of GBX 196.40 ($2.57). The firm has a market cap of £1.61 billion, a P/E ratio of 12.41, a PEG ratio of 3.06 and a beta of 0.38. The company's 50-day simple moving average is GBX 159.78 and its 200 day simple moving average is GBX 160.52.
Serco Group (LON:SRP - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. Research analysts predict that Serco Group will post 17.552759 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "hold" rating on shares of Serco Group in a research report on Friday, February 7th.
Read Our Latest Stock Analysis on SRP
Insider Activity
In other news, insider Nigel Crossley sold 45,409 shares of the business's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 157 ($2.05), for a total value of £71,292.13 ($93,277.68). Company insiders own 1.67% of the company's stock.
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