XP Power Ltd. (XPP) Announces Dividend Increase – GBX 29 Per Share
XP Power Ltd. (LON:XPP) announced a dividend on Thursday, March 1st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 15th will be given a dividend of GBX 29 ($0.40) per share on Friday, April 20th. This represents a yield of 0.88%. The ex-dividend date is Thursday, March 15th. This is a boost from XP Power’s previous dividend of $18.00. The official announcement can be seen at this link.
Shares of XP Power (LON XPP) opened at GBX 3,420 ($47.25) on Wednesday. The stock has a market capitalization of $657.83 and a P/E ratio of 2,460.43. XP Power has a fifty-two week low of GBX 2,030 ($28.05) and a fifty-two week high of GBX 3,750 ($51.81).
Separately, Peel Hunt lifted their price objective on XP Power from GBX 3,600 ($49.74) to GBX 3,800 ($52.50) and gave the stock a “buy” rating in a report on Friday, January 12th.
XP Power Company Profile
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.
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