Supreme (LON:SUP) Stock Rating Reaffirmed by Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Supreme (LON:SUP) in a report published on Thursday, MarketBeat Ratings reports.

Supreme Stock Up 0.7 %

Shares of LON:SUP opened at GBX 165.20 ($2.18) on Thursday. Supreme has a 12-month low of GBX 87 ($1.15) and a 12-month high of GBX 209.70 ($2.77). The company has a current ratio of 2.11, a quick ratio of 0.98 and a debt-to-equity ratio of 25.39. The stock has a fifty day simple moving average of GBX 184.14 and a two-hundred day simple moving average of GBX 151.33. The stock has a market capitalization of £192.61 million, a price-to-earnings ratio of 922.22 and a beta of 1.14.

Supreme Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Thursday, August 22nd will be paid a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from Supreme’s previous dividend of $1.50. Supreme’s dividend payout ratio is currently 2,777.78%.

Supreme Company Profile

Supreme Plc supplies and distributes a range of consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally. It operates through Batteries; Lighting; Vaping; Sports Nutrition & Wellness; and Other Consumer Goods segments. The company offers consumer batteries; lighting, energy-saving bulbs, private label lighting, LED light fittings, lamps and light fittings, and point of sale display solutions; sports nutrition and wellness products; and smart home LED technology solutions.