Reach plc Announces Dividend of GBX 2.88 (LON:RCH)

Reach plc (LON:RCH) announced a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 2.88 ($0.04) per share on Friday, September 20th. This represents a yield of 2.77%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be accessed at this link.

Reach Price Performance

Shares of LON:RCH opened at GBX 105.30 ($1.34) on Wednesday. The company’s fifty day moving average is GBX 98.34 and its two-hundred day moving average is GBX 81.26. The company has a quick ratio of 0.98, a current ratio of 0.75 and a debt-to-equity ratio of 8.27. Reach has a 12-month low of GBX 58.47 ($0.75) and a 12-month high of GBX 112.80 ($1.44). The company has a market cap of £334.89 million, a P/E ratio of 826.15, a price-to-earnings-growth ratio of -0.37 and a beta of 1.00.

Insider Buying and Selling at Reach

In other Reach news, insider Darren Fisher sold 31,638 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of GBX 78 ($1.00), for a total transaction of £24,677.64 ($31,508.73). Company insiders own 4.41% of the company’s stock.

Reach Company Profile

Reach plc operates as a national and regional commercial news publisher in the United Kingdom and Ireland. The company has various national and regional brands across print and online, including Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously, as well as HullLive, edinburghlive, LeicestershireLive, CorkBeo, ChronicleLive, ECHO, TeessideLive, DevonLive, YorkshireLive, football.london, BirminghamLive, new, BristolLive, and Belfastlive.