C&C Group plc (LON:CCR) to Issue Dividend of €0.02

C&C Group plc (LON:CCR) declared a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be paid a dividend of €0.02 ($0.02) per share on Friday, December 13th. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, November 14th. The official announcement can be accessed at this link.

C&C Group Trading Up 0.6 %

Shares of CCR stock traded up GBX 1 ($0.01) during trading hours on Wednesday, hitting GBX 155.80 ($2.02). 248,425 shares of the company’s stock traded hands, compared to its average volume of 694,347. The stock’s 50 day simple moving average is GBX 157.45 and its 200 day simple moving average is GBX 160.55. C&C Group has a 12 month low of GBX 131 ($1.70) and a 12 month high of GBX 178.20 ($2.31). The stock has a market cap of £596.20 million, a PE ratio of -645.00, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01.

Insider Activity at C&C Group

In other C&C Group news, insider Feargal O’Rourke purchased 50,000 shares of C&C Group stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of GBX 156 ($2.02) per share, with a total value of £78,000 ($101,154.20). 3.38% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of C&C Group in a research note on Monday, September 9th.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.