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

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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.

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Dividend History for Kitwave Group (LON:KITW)

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