Ab Dynamics PLC (ABDP) Announces Dividend Increase – GBX 1.82 Per Share
Ab Dynamics PLC (LON:ABDP) announced a dividend on Wednesday, November 16th. Stockholders of record on Thursday, November 24th will be given a dividend of GBX 1.82 ($0.02) per share on Saturday, December 31st. This represents a dividend yield of 0.39%. The ex-dividend date is Thursday, November 24th. This is a positive change from Ab Dynamics PLC’s previous dividend of $1.21. The official announcement can be accessed at this link.
Ab Dynamics PLC (LON:ABDP) traded up 0.11% during mid-day trading on Wednesday, hitting GBX 468.00. The stock had a trading volume of 49,894 shares. The stock’s 50-day moving average is GBX 471.39 and its 200 day moving average is GBX 456.28. The company’s market capitalization is GBX 81.12 million. Ab Dynamics PLC has a 52 week low of GBX 270.72 and a 52 week high of GBX 515.00.
In other Ab Dynamics PLC news, insider Rogers,Timothy (Tim) John sold 10,000 shares of Ab Dynamics PLC stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of GBX 466 ($5.82), for a total value of £46,600 ($58,220.89).
Separately, Panmure Gordon lifted their price target on Ab Dynamics PLC from GBX 500 ($6.25) to GBX 524 ($6.55) and gave the company a “buy” rating in a research note on Tuesday, October 4th.
About Ab Dynamics PLC
Ab Dynamics PLC is a United Kingdom-based company engaged in the design, manufacture and supply to the global automotive industry of advanced testing and measurement products for vehicle suspension, brakes and steering both in the laboratory and on the test track. The Company’s products service include Kinematics and compliance testing, Vehicle dynamics testing on the track, Driver assistance system testing, Driverless vehicle track testing, Steering system testing and Noise/vibration (NVH) testing of power train assemblies.
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