Ferrexpo Plc (FXPO) Plans Dividend of $0.07

Ferrexpo Plc (LON:FXPO) declared a dividend on Thursday, December 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 13th will be paid a dividend of $0.07 per share by the iron ore producer on Monday, January 14th. This represents a dividend yield of 2.82%. The ex-dividend date is Thursday, December 13th. This is a positive change from Ferrexpo’s previous dividend of $0.03. The official announcement can be accessed at this link.

Shares of LON FXPO traded down GBX 1.35 ($0.02) during mid-day trading on Thursday, hitting GBX 182.60 ($2.39). The company had a trading volume of 2,691,213 shares, compared to its average volume of 2,650,000. Ferrexpo has a 1 year low of GBX 136.88 ($1.79) and a 1 year high of GBX 326.60 ($4.27).

FXPO has been the subject of several recent analyst reports. Deutsche Bank restated a “hold” rating on shares of Ferrexpo in a research report on Friday, August 10th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Ferrexpo in a research report on Monday, September 10th. Citigroup restated a “buy” rating and set a GBX 280 ($3.66) target price on shares of Ferrexpo in a research report on Tuesday, September 25th. Barclays upgraded Ferrexpo to an “overweight” rating and boosted their target price for the stock from GBX 140 ($1.83) to GBX 300 ($3.92) in a research report on Thursday, October 4th. Finally, Credit Suisse Group upgraded Ferrexpo to an “outperform” rating and boosted their target price for the stock from GBX 210 ($2.74) to GBX 310 ($4.05) in a research report on Monday, November 12th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Ferrexpo presently has a consensus rating of “Buy” and an average price target of GBX 247.88 ($3.24).

TRADEMARK VIOLATION WARNING: This news story was originally posted by WKRB News and is the property of of WKRB News. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.wkrb13.com/2018/12/07/ferrexpo-plc-fxpo-plans-dividend-of-0-07.html.

Ferrexpo Company Profile

Ferrexpo plc mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry worldwide. The company operates two open-pit mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean going vessel on international sea routes.

Further Reading: What is an investor looking for in an SEC filing?

Dividend History for Ferrexpo (LON:FXPO)

Receive News & Ratings for Ferrexpo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrexpo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply