FDM Group (Holdings) PLC (FDM) Plans Dividend Increase – GBX 15.50 Per Share

FDM Group (Holdings) PLC (LON:FDM) declared a dividend on Wednesday, March 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 23rd will be given a dividend of GBX 15.50 ($0.20) per share on Friday, June 14th. This represents a yield of 1.82%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from FDM Group’s previous dividend of $14.50. The official announcement can be accessed at this link.

Shares of FDM stock opened at GBX 973 ($12.71) on Wednesday. FDM Group has a fifty-two week low of GBX 721 ($9.42) and a fifty-two week high of GBX 1,138 ($14.87). The stock has a market cap of $1.08 billion and a PE ratio of 28.79.

A number of equities research analysts have recently weighed in on the company. HSBC boosted their price target on FDM Group from GBX 1,010 ($13.20) to GBX 1,040 ($13.59) and gave the stock a “buy” rating in a research note on Friday, April 5th. Shore Capital restated a “buy” rating on shares of FDM Group in a research note on Wednesday, March 6th.

In other news, insider Peter Whiting sold 1,920 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of GBX 909 ($11.88), for a total transaction of £17,452.80 ($22,805.17). Also, insider Andrew (Andy) Brown sold 40,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of GBX 972 ($12.70), for a total value of £388,800 ($508,036.06).

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FDM Group Company Profile

FDM Group (Holdings) plc is a United Kingdom-based company, which is engaged in providing professional services focusing on information technology (IT). Its four geographical operating segments: the United Kingdom and Ireland; North America; Rest of Europe, Middle East and Africa, excluding UK and Ireland (EMEA), and Asia Pacific (APAC).

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Dividend History for FDM Group (LON:FDM)

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