Kainos Group plc (LON:KNOS) to Issue Dividend Increase – GBX 19.10 Per Share

Kainos Group plc (LON:KNOS) announced a dividend on Monday, May 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 19.10 ($0.26) per share on Friday, October 25th. This represents a yield of 1.8%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a positive change from Kainos Group’s previous dividend of $8.20. The official announcement can be accessed at this link.

Kainos Group Stock Up 0.3 %

KNOS stock opened at GBX 866 ($11.58) on Wednesday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The firm’s fifty day simple moving average is GBX 998.52 and its 200-day simple moving average is GBX 1,034.94. Kainos Group has a 12 month low of GBX 822 ($11.00) and a 12 month high of GBX 1,288 ($17.23). The company has a market capitalization of £1.09 billion, a P/E ratio of 2,212.82, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79.

Analysts Set New Price Targets

KNOS has been the topic of a number of research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,415 ($18.93) price target on shares of Kainos Group in a research note on Monday, September 2nd. Deutsche Bank Aktiengesellschaft decreased their target price on Kainos Group from GBX 1,235 ($16.52) to GBX 1,185 ($15.85) and set a “buy” rating on the stock in a research report on Tuesday, September 17th. Finally, Shore Capital restated a “buy” rating on shares of Kainos Group in a report on Monday, September 16th.

About Kainos Group

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.