STV Group plc (LON:STVG) Increases Dividend to GBX 7.40 Per Share

STV Group plc (LON:STVG - Get Free Report) announced a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be paid a dividend of GBX 7.40 ($0.10) per share on Friday, May 30th. This represents a yield of 4.5%. The ex-dividend date is Thursday, April 17th. This is a 89.7% increase from STV Group's previous dividend of $3.90. The official announcement can be accessed at this link.

STV Group Stock Performance

Shares of STVG traded down GBX 10.50 ($0.14) during trading hours on Friday, hitting GBX 162 ($2.15). The stock had a trading volume of 37,688 shares, compared to its average volume of 134,150. STV Group has a fifty-two week low of GBX 140 ($1.86) and a fifty-two week high of GBX 297 ($3.95). The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51. The firm has a 50-day moving average price of GBX 172.31 and a 200 day moving average price of GBX 202.73. The firm has a market capitalization of £75.69 million, a price-to-earnings ratio of 11.06 and a beta of 0.09.

STV Group (LON:STVG - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.39) earnings per share (EPS) for the quarter. STV Group had a net margin of 3.76% and a negative return on equity of 172.50%. As a group, research analysts anticipate that STV Group will post 30.3860523 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "house stock" rating on shares of STV Group in a research note on Tuesday, March 11th.

About STV Group

STV is Scotland's home of news, entertainment and drama, serving audiences with quality content on air, online and on demand. STV's broadcast channel reaches 2.8 million viewers each month, while free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.