Discoverie Group PLC (LON:DSCV) declared a dividend on Tuesday, June 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 13th will be paid a dividend of GBX 6.75 ($0.09) per share on Tuesday, July 30th. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost from Discoverie Group’s previous dividend of $2.80. The official announcement can be seen at this link.

Shares of Discoverie Group stock traded down GBX 8 ($0.10) during trading on Wednesday, hitting GBX 450 ($5.88). 44,800 shares of the stock traded hands, compared to its average volume of 81,952. The firm has a market cap of $362.27 million and a P/E ratio of 23.20. The company has a current ratio of 1.87, a quick ratio of 1.18 and a debt-to-equity ratio of 63.99. Discoverie Group has a 52-week low of GBX 324 ($4.23) and a 52-week high of GBX 469 ($6.13).

In related news, insider Simon Gibbins acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of GBX 400 ($5.23) per share, with a total value of £20,000 ($26,133.54).

A number of equities research analysts recently weighed in on the company. FinnCap reaffirmed a “corporate” rating on shares of Discoverie Group in a research report on Tuesday, April 16th. Peel Hunt reaffirmed a “buy” rating on shares of Discoverie Group in a research report on Monday, May 27th. Finally, Numis Securities reaffirmed an “add” rating and set a GBX 500 ($6.53) price objective on shares of Discoverie Group in a research report on Tuesday, April 16th.

ILLEGAL ACTIVITY WARNING: “Discoverie Group PLC (LON:DSCV) Raises Dividend to GBX 6.75 Per Share” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://www.thecerbatgem.com/2019/06/12/discoverie-group-plc-londscv-raises-dividend-to-gbx-6-75-per-share.html.

About Discoverie Group

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates through two divisions, Design & Manufacturing and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.

Recommended Story: Does a trade war provide a risk to the global economy?

Receive News & Ratings for Discoverie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discoverie Group and related companies with MarketBeat.com's FREE daily email newsletter.