Investec plc (INVP) Plans Dividend of GBX 10
Investec plc (LON:INVP) declared a dividend on Thursday, November 17th. Stockholders of record on Thursday, December 8th will be given a dividend of GBX 10 ($0.12) per share on Wednesday, December 21st. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, December 8th. The official announcement can be accessed at this link.
Investec plc (LON:INVP) opened at 509.00 on Friday. The stock’s 50 day moving average price is GBX 489.38 and its 200-day moving average price is GBX 471.86. The company’s market cap is GBX 4.42 billion. Investec plc has a 52-week low of GBX 387.00 and a 52-week high of GBX 571.50.
In other Investec plc news, insider Ian Kantor bought 600,000 shares of Investec plc stock in a transaction on Friday, September 23rd. The shares were bought at an average price of GBX 356 ($4.45) per share, for a total transaction of £2,136,000 ($2,668,665.67).
Separately, Numis Securities Ltd reduced their price objective on Investec plc from GBX 666 ($8.32) to GBX 605 ($7.56) and set a “buy” rating on the stock in a research report on Thursday, August 25th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 542.68 ($6.78).
Investec plc Company Profile
Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking.
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