Connect Group PLC Announces Dividend of GBX 1 (LON:CNCT)

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).

Separately, Peel Hunt restated a “hold” rating on shares of Connect Group in a report on Wednesday.

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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Dividend History for Connect Group (LON:CNCT)

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