Dart Group PLC (DTG) to Issue Dividend of GBX 7.40 on October 25th

Dart Group PLC (LON:DTG) announced a dividend on Thursday, July 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 19th will be paid a dividend of GBX 7.40 ($0.10) per share on Friday, October 25th. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, September 19th. This is a boost from Dart Group’s previous dividend of $2.80. The official announcement can be seen at this link.

Shares of LON DTG opened at GBX 860.50 ($11.24) on Friday. The firm has a 50-day simple moving average of GBX 872.78. The firm has a market capitalization of $1.28 billion and a PE ratio of 6.10. The company has a debt-to-equity ratio of 108.73, a current ratio of 1.56 and a quick ratio of 1.45. Dart Group has a 52 week low of GBX 735.50 ($9.61) and a 52 week high of GBX 1,052 ($13.75).

In other news, insider Philip Hugh Meeson sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of GBX 867 ($11.33), for a total value of £4,335,000 ($5,664,445.32).

DTG has been the subject of a number of recent research reports. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,250 ($16.33) target price on shares of Dart Group in a research report on Wednesday, April 17th. Jefferies Financial Group initiated coverage on shares of in a research report on Wednesday, July 3rd. They issued an “underperform” rating for the company.

About Dart Group

Dart Group PLC, together with its subsidiaries, engages in leisure travel, and distribution and logistics businesses in Europe. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in package holiday, passenger aircraft, charter aircraft, non-ticket retail, and warehousing and distribution activities.

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Dividend History for Dart Group (LON:DTG)

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