Cake Box Holdings Plc (LON:CBOX) Plans Dividend Increase – GBX 6.10 Per Share

Cake Box Holdings Plc (LON:CBOXGet Free Report) announced a dividend on Tuesday, June 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 6.10 ($0.08) per share on Tuesday, August 6th. This represents a dividend yield of 3.49%. The ex-dividend date is Thursday, July 11th. This is an increase from Cake Box’s previous dividend of $2.90. The official announcement can be viewed at this link.

Cake Box Price Performance

LON:CBOX opened at GBX 180.40 ($2.31) on Wednesday. Cake Box has a 52-week low of GBX 130 ($1.67) and a 52-week high of GBX 190 ($2.43). The company has a quick ratio of 1.99, a current ratio of 2.93 and a debt-to-equity ratio of 21.68. The firm has a market cap of £72.16 million, a P/E ratio of 1,595.45 and a beta of 1.22. The business’s 50-day moving average price is GBX 172.03 and its 200 day moving average price is GBX 169.69.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Cake Box in a report on Wednesday, June 12th.

View Our Latest Report on CBOX

Insider Activity

In related news, insider Sukh Ram Chamda bought 50,000 shares of the business’s stock in a transaction dated Wednesday, June 26th. The shares were bought at an average cost of GBX 174 ($2.23) per share, with a total value of £87,000 ($111,438.45). Insiders own 42.38% of the company’s stock.

About Cake Box

(Get Free Report)

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream cakes in the United Kingdom. It offers cakes by celebration, cakes by design, and seasonal cakes, as well as wedding cakes. The company engages in the property rental activities. Cake Box Holdings Plc was founded in 2008 and is headquartered in London, the United Kingdom.

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Dividend History for Cake Box (LON:CBOX)

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