Spirent Communications Plc (SPT) to Issue Dividend of GBX 1.34 on September 7th
Spirent Communications Plc (LON:SPT) declared a dividend on Thursday, August 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, August 9th will be given a dividend of GBX 1.34 ($0.02) per share on Friday, September 7th. This represents a yield of 1.2%. The ex-dividend date is Thursday, August 9th. The official announcement can be viewed at this link.
Spirent Communications opened at GBX 117.80 ($1.52) on Wednesday, according to MarketBeat.com. Spirent Communications has a one year low of GBX 1.15 ($0.01) and a one year high of GBX 131 ($1.70).
A number of research analysts recently commented on SPT shares. Berenberg Bank reiterated a “buy” rating on shares of Spirent Communications in a report on Monday, June 18th. Deutsche Bank reiterated a “hold” rating on shares of Spirent Communications in a report on Friday, July 13th. Liberum Capital reiterated a “hold” rating on shares of Spirent Communications in a report on Thursday, August 2nd. Finally, Jefferies Financial Group upped their price objective on Spirent Communications from GBX 140 ($1.81) to GBX 160 ($2.07) and gave the company a “buy” rating in a report on Monday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 131.20 ($1.70).
About Spirent Communications
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.
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