Finsbury Food Group plc Declares Dividend of GBX 1 (FIF)

Finsbury Food Group plc (LON:FIF) announced a dividend on Monday, March 20th. Stockholders of record on Thursday, March 30th will be given a dividend of GBX 1 ($0.01) per share on Friday, April 21st. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, March 30th. The official announcement can be accessed at this link.

Finsbury Food Group plc (LON:FIF) traded down 1.77% during midday trading on Monday, hitting GBX 111.00. 428,940 shares of the stock traded hands. The company has a 50-day moving average price of GBX 114.85 and a 200-day moving average price of GBX 120.25. Finsbury Food Group plc has a 1-year low of GBX 102.25 and a 1-year high of GBX 139.00. The firm’s market cap is GBX 140.74 million.

Several analysts recently commented on FIF shares. Beaufort Securities restated a “buy” rating on shares of Finsbury Food Group plc in a report on Thursday, November 24th. Arden Partners Ltd reaffirmed a “buy” rating on shares of Finsbury Food Group plc in a research report on Wednesday, November 30th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 150 ($1.85) price objective on shares of Finsbury Food Group plc in a research report on Thursday, January 19th.

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About Finsbury Food Group plc

Finsbury Food Group Plc is a United Kingdom-based bakery manufacturer. The Company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. The Company’s segments include UK bakery, Overseas and Group Operations. The Company’s UK Bakery segment manufactures and sells bakery products to the United Kingdom’s multiple grocers and foodservice sectors.

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