Kitwave Group plc (LON:KITW) to Issue Dividend of GBX 7.45

Kitwave Group plc (LON:KITWGet Free Report) declared a dividend on Wednesday, February 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 4th will be given a dividend of GBX 7.45 ($0.09) per share on Friday, April 26th. This represents a dividend yield of 2.51%. The ex-dividend date is Thursday, April 4th. This is a positive change from Kitwave Group’s previous dividend of $3.75. The official announcement can be accessed at this link.

Kitwave Group Stock Down 2.0 %

KITW stock opened at GBX 362.60 ($4.55) on Wednesday. Kitwave Group has a twelve month low of GBX 236.40 ($2.97) and a twelve month high of GBX 379.35 ($4.76). The company has a quick ratio of 0.65, a current ratio of 1.29 and a debt-to-equity ratio of 69.96. The stock has a market cap of £254.22 million, a P/E ratio of 1,423.08 and a beta of 0.81. The business’s 50-day moving average price is GBX 313.66 and its 200-day moving average price is GBX 280.13.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their price objective on Kitwave Group from GBX 435 ($5.46) to GBX 455 ($5.71) and gave the company a “buy” rating in a research report on Thursday, March 28th.

Read Our Latest Report on Kitwave Group

About Kitwave Group

(Get Free Report)

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.

Recommended Stories

Dividend History for Kitwave Group (LON:KITW)

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