Record plc (LON:REC) to Issue Dividend Increase – GBX 3.05 Per Share

Record plc (LON:REC) declared a dividend on Friday, June 28th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 11th will be given a dividend of GBX 3.05 ($0.04) per share on Friday, August 2nd. This represents a yield of 4.71%. The ex-dividend date is Thursday, July 11th. This is an increase from Record’s previous dividend of $2.15. The official announcement can be viewed at this link.

Record Trading Down 1.8 %

LON REC opened at GBX 69.55 ($0.89) on Wednesday. The company has a fifty day simple moving average of GBX 65.34 and a two-hundred day simple moving average of GBX 66.24. The company has a current ratio of 4.49, a quick ratio of 4.03 and a debt-to-equity ratio of 2.95. The stock has a market cap of £133.47 million, a P/E ratio of 1,420.00 and a beta of 1.09. Record has a 12-month low of GBX 56.20 ($0.72) and a 12-month high of GBX 93.50 ($1.20).

Insider Buying and Selling at Record

In other Record news, insider David John Morrison purchased 395,500 shares of the stock in a transaction on Wednesday, July 3rd. The shares were bought at an average cost of GBX 63 ($0.81) per share, with a total value of £249,165 ($319,155.89). Company insiders own 59.12% of the company’s stock.

Record Company Profile

Record plc, through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally. It offers asset management services; derivatives, such as options, futures, cross-currency, and total-return swaps; fixed income instruments, including bonds and loans; ancillary services including cash and liquidity management, collateral management, and derivatives overlays.