Vertu Motors Plc to Issue Dividend of GBX 0.50 (VTU)
Vertu Motors Plc (LON:VTU) declared a dividend on Wednesday, October 12th. Investors of record on Thursday, December 22nd will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, January 20th. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 22nd. The official announcement can be viewed at this link.
Shares of Vertu Motors Plc (LON:VTU) traded down 1.63% on Wednesday, reaching GBX 45.25. 2,701,751 shares of the company traded hands. Vertu Motors Plc has a 52-week low of GBX 37.50 and a 52-week high of GBX 79.25. The firm has a 50-day moving average of GBX 47.83 and a 200-day moving average of GBX 52.23. The company’s market capitalization is GBX 154.42 million.
In other news, insider Rich,Mike sold 25,235 shares of the company’s stock in a transaction on Monday, September 5th. The stock was sold at an average price of GBX 50 ($0.62), for a total transaction of £12,617.50 ($15,615.72). Also, insider Sherwin,Michael bought 3,832 shares of Vertu Motors Plc stock in a transaction dated Thursday, August 4th. The shares were bought at an average cost of GBX 47 ($0.58) per share, with a total value of £1,801.04 ($2,229.01).
Several research analysts have recently issued reports on VTU shares. Panmure Gordon reissued a “hold” rating on shares of Vertu Motors Plc in a research note on Wednesday, June 15th. Liberum Capital reissued a “buy” rating and issued a GBX 100 ($1.24) price target on shares of Vertu Motors Plc in a research note on Wednesday, July 20th.
Vertu Motors Plc Company Profile
Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.
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