Produce Investments Ltd (LON:PIL) announced a dividend on Thursday, September 29th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 4.88 ($0.06) per share on Tuesday, November 1st. This represents a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, October 6th. This is a positive change from Produce Investments’s previous dividend of $2.44. The official announcement can be accessed at this link.
Produce Investments (LON:PIL) traded up 0.67% during midday trading on Thursday, hitting GBX 150.00. 77,394 shares of the stock traded hands. The stock’s market cap is GBX 40.26 million. Produce Investments has a one year low of GBX 120.12 and a one year high of GBX 177.50. The company has a 50-day moving average price of GBX 148.53 and a 200 day moving average price of GBX 151.65.
Separately, Shore Capital reissued a “house stock” rating on shares of Produce Investments in a research report on Thursday, August 11th.
About Produce Investments
Produce Investments plc is a United Kingdom-based holding company. The Company and its subsidiaries are engaged in growing, sourcing, packing and marketing fresh potatoes, daffodils bulbs and flowers. It operates through segments, including Fresh, Processing and Other. The Fresh segments consists of the sites, staff and assets that grow, source, pack and deliver fresh produce to customers, ranging from retailers, wholesalers to private businesses.
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