SSP Group PLC (SSPG) Announces Dividend of GBX 2.90
SSP Group PLC (LON:SSPG) announced a dividend on Tuesday, November 29th. Investors of record on Thursday, March 2nd will be given a dividend of GBX 2.90 ($0.04) per share on Friday, March 31st. This represents a yield of 0.78%. The ex-dividend date is Thursday, March 2nd. This is a boost from SSP Group PLC’s previous dividend of $2.50. The official announcement can be seen at this link.
Shares of SSP Group PLC (LON:SSPG) opened at 373.40 on Wednesday. The firm’s market cap is GBX 1.77 billion. SSP Group PLC has a 12-month low of GBX 260.40 and a 12-month high of GBX 374.60. The company has a 50-day moving average of GBX 334.99 and a 200 day moving average of GBX 319.57.
SSPG has been the topic of a number of recent analyst reports. Numis Securities Ltd initiated coverage on shares of SSP Group PLC in a research note on Monday, October 10th. They set a “buy” rating and a GBX 390 ($4.84) price target on the stock. Panmure Gordon increased their price target on shares of SSP Group PLC from GBX 350 ($4.34) to GBX 380 ($4.71) and gave the stock a “buy” rating in a research note on Thursday, September 15th. Barclays PLC increased their price target on shares of SSP Group PLC from GBX 280 ($3.47) to GBX 310 ($3.85) and gave the stock an “equal weight” rating in a research note on Thursday, November 10th. Canaccord Genuity increased their price objective on shares of SSP Group PLC from GBX 340 ($4.22) to GBX 360 ($4.47) and gave the stock a “hold” rating in a research report on Tuesday, November 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of SSP Group PLC from GBX 385 ($4.78) to GBX 390 ($4.84) and gave the stock an “overweight” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. SSP Group PLC currently has an average rating of “Buy” and an average target price of GBX 359.38 ($4.46).
SSP Group PLC Company Profile
SSP Group plc is a United Kingdom-based operator of food and beverage outlets. The Company operates a range of outlets from quick service to fine dining. The Company provides a range of food and beverage products to a variety of customers in the travel environment. Its clients include owners and operators of airports and railway stations.
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