Revolution Bars Group PLC (RBG) Increases Dividend to GBX 3.30 Per Share
Revolution Bars Group PLC (LON:RBG) declared a dividend on Tuesday, October 4th. Shareholders of record on Thursday, November 10th will be given a dividend of GBX 3.30 ($0.04) per share on Friday, December 9th. This represents a yield of 2.14%. The ex-dividend date is Thursday, November 10th. This is a positive change from Revolution Bars Group PLC’s previous dividend of $1.50. The official announcement can be accessed at this link.
Revolution Bars Group PLC (LON:RBG) traded up 1.32% during trading on Tuesday, reaching GBX 154.00. 2,048,712 shares of the company’s stock traded hands. The firm has a 50 day moving average price of GBX 157.44 and a 200-day moving average price of GBX 166.80. Revolution Bars Group PLC has a 12 month low of GBX 145.00 and a 12 month high of GBX 197.00. The firm’s market cap is GBX 77.00 million.
In other news, insider Michael Shallow purchased 12,903 shares of the firm’s stock in a transaction dated Tuesday, October 4th. The stock was bought at an average price of GBX 155 ($2.02) per share, with a total value of £19,999.65 ($26,105.80).
Several brokerages have recently issued reports on RBG. FinnCap reissued a “buy” rating and issued a GBX 232 ($3.03) price target on shares of Revolution Bars Group PLC in a report on Wednesday, July 20th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 265 ($3.46) price target on shares of Revolution Bars Group PLC in a report on Wednesday, July 20th.
Revolution Bars Group PLC Company Profile
Revolution Bars Group Limited (Revolution Bars Group) is an operator of bars across the United Kingdom. The Company’s primary business is the sale of food and drinks to customers of its bars all of, which are occupied under leases from third-parties. The Company has a trading portfolio of approximately 58 bars, located in town or city high streets across the United Kingdom, which it operates under the Revolution (53 sites) and Revolucion de Cuba (five sites) brands.
Receive News & Stock Ratings for Revolution Bars Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolution Bars Group PLC and related stocks with our FREE daily email newsletter.