XP Power Ltd. (LON:XPP) declared a dividend on Monday, July 31st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 14th will be given a dividend of GBX 16 ($0.21) per share on Thursday, October 12th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from XP Power’s previous dividend of $15.00. The official announcement can be viewed at this link.

XP Power (LON:XPP) opened at 2655.00 on Wednesday. The firm’s market cap is GBX 505.83 million. The firm has a 50-day moving average price of GBX 2,635.22 and a 200-day moving average price of GBX 2,455.40. XP Power has a 1-year low of GBX 1,655.00 and a 1-year high of GBX 2,800.00.

Separately, Peel Hunt lifted their price target on XP Power from GBX 2,520 ($32.55) to GBX 2,680 ($34.61) and gave the company a “buy” rating in a research note on Monday, July 31st.

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In other news, insider Andy Sng sold 11,000 shares of XP Power stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of GBX 2,400 ($31.00), for a total value of £264,000 ($340,953.12).

About XP Power

XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.

Dividend History for XP Power (LON:XPP)

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