Speedy Hire Plc (SDY) Declares Dividend of GBX 0.33
Speedy Hire Plc (LON:SDY) announced a dividend on Wednesday, November 16th. Stockholders of record on Thursday, December 15th will be paid a dividend of GBX 0.33 ($0.00) per share on Friday, January 27th. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, December 15th. The official announcement can be seen at this link.
Shares of Speedy Hire Plc (LON:SDY) opened at 43.25 on Thursday. The company’s market cap is GBX 224.54 million. The stock’s 50 day moving average is GBX 37.73 and its 200 day moving average is GBX 36.36. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 44.00.
A number of research firms have weighed in on SDY. Peel Hunt raised shares of Speedy Hire Plc to a “buy” rating and boosted their target price for the stock from GBX 36 ($0.45) to GBX 50 ($0.62) in a report on Thursday. Liberum Capital reissued a “buy” rating and set a GBX 49 ($0.61) target price on shares of Speedy Hire Plc in a report on Friday, September 30th. Finally, N+1 Singer reissued a “hold” rating on shares of Speedy Hire Plc in a report on Thursday, October 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 46.50 ($0.58).
About Speedy Hire Plc
Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.
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