Connect Group PLC (LON:CNCT) announced a dividend on Wednesday, November 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 16th will be paid a dividend of GBX 1 ($0.01) per share on Thursday, February 13th. This represents a dividend yield of 3.44%. The ex-dividend date of this dividend is Thursday, January 16th. The official announcement can be seen at this link.
CNCT traded down GBX 0.35 ($0.00) during trading on Wednesday, reaching GBX 29.05 ($0.38). 2,451,068 shares of the stock traded hands, compared to its average volume of 459,659. The stock has a market capitalization of $72.79 million and a PE ratio of -1.68. The stock’s 50-day moving average is GBX 35.27 and its 200 day moving average is GBX 37.27. Connect Group has a 12 month low of GBX 27.50 ($0.36) and a 12 month high of GBX 46.10 ($0.60).
In other Connect Group news, insider Gary Kennedy bought 200,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average price of GBX 29 ($0.38) per share, for a total transaction of £58,000 ($75,787.27).
Connect Group Company Profile
Connect Group PLC engages in the distribution of newspapers, magazines, and books products in the United Kingdom and internationally. The company operates through News & Media: News Distribution, News & Media: Media, and Mixed Freight segments. The News & Media: News Distribution segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.
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