Today: The Vertu Motors Plc to Issue Dividend of GBX 0.50 (VTU)

The Vertu Motors Plc to Issue Dividend of GBX 0.50 (VTU)

Vertu Motors Plc (LON:VTU) announced a dividend on Wednesday, October 12th. Stockholders of record on Thursday, December 22nd will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, January 20th. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 22nd. The official announcement can be accessed at this link.

Shares of Vertu Motors Plc (LON:VTU) traded down 1.63% during midday trading on Wednesday, hitting GBX 45.25. The stock had a trading volume of 2,701,751 shares. The firm’s 50-day moving average price is GBX 47.83 and its 200-day moving average price is GBX 52.23. The firm’s market capitalization is GBX 154.42 million. Vertu Motors Plc has a one year low of GBX 37.50 and a one year high of GBX 79.25.

In other Vertu Motors Plc news, insider Rich,Mike sold 25,235 shares of Vertu Motors Plc stock in a transaction on Monday, September 5th. The stock was sold at an average price of GBX 50 ($0.62), for a total value of £12,617.50 ($15,615.72). Also, insider Sherwin,Michael acquired 3,832 shares of the business’s stock in a transaction on Thursday, August 4th. The stock was acquired at an average price of GBX 47 ($0.58) per share, with a total value of £1,801.04 ($2,229.01).

Several equities analysts recently commented on the company. Liberum Capital restated a “buy” rating and set a GBX 100 ($1.24) target price on shares of Vertu Motors Plc in a research report on Thursday, September 1st. Panmure Gordon restated a “hold” rating on shares of Vertu Motors Plc in a research report on Wednesday, June 15th.

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