Shares of Team Internet Group plc (LON:TIG – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 149.40 ($1.88) and last traded at GBX 147.55 ($1.85), with a volume of 1832006 shares trading hands. The stock had previously closed at GBX 146 ($1.83).
Team Internet Group Trading Up 1.6 %
The firm’s fifty day moving average price is GBX 138.66 and its 200 day moving average price is GBX 130.31. The firm has a market capitalization of £371.21 million, a PE ratio of 2,108.57 and a beta of 0.41.
Team Internet Group Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 2 ($0.03) per share. This is an increase from Team Internet Group’s previous dividend of $0.12. This represents a yield of 1.46%. The ex-dividend date is Thursday, April 25th. Team Internet Group’s dividend payout ratio (DPR) is currently 2,857.14%.
About Team Internet Group
Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.
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