Xaar plc to Issue Dividend of GBX 3.40 (XAR)
Xaar plc (LON:XAR) declared a dividend on Wednesday, September 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 14th will be paid a dividend of GBX 3.40 ($0.04) per share on Thursday, October 12th. This represents a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, September 14th. The official announcement can be seen at this link.
Xaar plc (LON XAR) traded up 0.24% on Wednesday, hitting GBX 423.00. 7,613 shares of the company were exchanged. Xaar plc has a 52 week low of GBX 325.00 and a 52 week high of GBX 520.00. The company’s market capitalization is GBX 323.03 million. The firm’s 50 day moving average is GBX 410.31 and its 200 day moving average is GBX 377.29.
In other news, insider Lily Liu purchased 10,000 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were purchased at an average cost of GBX 411 ($5.31) per share, with a total value of £41,100 ($53,080.20).
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Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 470 ($6.07) price objective on shares of Xaar plc in a research note on Wednesday, September 6th.
Xaar plc Company Profile
Xaar plc is engaged in the development of digital inkjet technology and manufacture of piezoelectric drop-on-demand industrial inkjet printheads. The Company’s segments are product sales, commissions and fees, and royalties. It offers a range of industrial inkjet printheads and printhead systems, which are designed and produced to meet the customer-driven requirements of a range of manufacturing applications.
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