SCS Group PLC (SCS) Increases Dividend to GBX 9.83 Per Share
SCS Group PLC (LON:SCS) announced a dividend on Tuesday, October 11th. Investors of record on Thursday, November 3rd will be paid a dividend of GBX 9.83 ($0.12) per share on Monday, November 28th. This represents a dividend yield of 5.58%. The ex-dividend date of this dividend is Thursday, November 3rd. This is a boost from SCS Group PLC’s previous dividend of $4.67. The official announcement can be seen at this link.
Shares of SCS Group PLC (LON:SCS) traded up 0.000% during mid-day trading on Tuesday, hitting GBX 176.125. The company had a trading volume of 10,788 shares. SCS Group PLC has a 1-year low of GBX 125.10 and a 1-year high of GBX 204.94. The company’s market capitalization is GBX 70.47 million. The company has a 50-day moving average price of GBX 184.02 and a 200-day moving average price of GBX 178.16.
Separately, FinnCap boosted their price target on SCS Group PLC from GBX 215 ($2.66) to GBX 230 ($2.85) and gave the company a “buy” rating in a report on Tuesday, June 14th.
In related news, insider Smith,Alan bought 6,667 shares of the stock in a transaction on Friday, July 15th. The stock was bought at an average price of GBX 150 ($1.86) per share, for a total transaction of £10,000.50 ($12,376.86).
SCS Group PLC Company Profile
ScS Group plc is a United Kingdom-based retailer of sofas and flooring. The Company’s business includes the upholstered furniture business and the flooring business. The upholstered furniture business specializes primarily in the retail of fabric and leather sofas and chairs. The flooring business focuses on the retail of carpets, as well as laminate and vinyl flooring.
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