Thomas Cook Group plc (TCG) Declares Dividend of GBX 0.50
Thomas Cook Group plc (LON:TCG) announced a dividend on Wednesday, November 23rd. Investors of record on Thursday, March 9th will be given a dividend of GBX 0.50 ($0.01) per share by the travel company on Wednesday, April 5th. This represents a dividend yield of 0.63%. The ex-dividend date is Thursday, March 9th. The official announcement can be accessed at this link.
Thomas Cook Group plc (LON:TCG) traded up 7.41% during midday trading on Wednesday, hitting GBX 79.00. 23,409,052 shares of the company traded hands. The company’s market cap is GBX 1.21 billion. Thomas Cook Group plc has a 12-month low of GBX 52.60 and a 12-month high of GBX 124.80. The stock has a 50 day moving average price of GBX 70.02 and a 200-day moving average price of GBX 69.14.
TCG has been the subject of a number of research analyst reports. Barclays PLC cut their price target on shares of Thomas Cook Group plc from GBX 90 ($1.12) to GBX 75 ($0.94) and set an “equal weight” rating for the company in a report on Tuesday, July 26th. Shore Capital restated a “buy” rating on shares of Thomas Cook Group plc in a report on Thursday, July 28th. Numis Securities Ltd restated a “hold” rating and set a GBX 60 ($0.75) price objective on shares of Thomas Cook Group plc in a report on Thursday, July 28th. Berenberg Bank cut their price objective on Thomas Cook Group plc from GBX 105 ($1.31) to GBX 60 ($0.75) and set a “hold” rating on the stock in a report on Monday, August 1st. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Thomas Cook Group plc in a report on Monday, September 26th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. Thomas Cook Group plc has an average rating of “Hold” and a consensus target price of GBX 97.21 ($1.21).
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Thomas Cook Group plc Company Profile
Thomas Cook Group plc is a United Kingdom-based leisure travel group. The Company operates through four divisions: UK, Continental Europe, Northern Europe and Airlines Germany. The Company offer its services in supplying of hotel beds and airline seats, production and marketing of travel packages, components and ancillaries, omni-channel distribution, customer value and shareholder value.
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