Ricardo plc (LON:RCDO) announced a dividend on Thursday, September 15th. Stockholders of record on Thursday, October 20th will be given a dividend of GBX 13.03 ($0.16) per share on Friday, November 11th. This represents a dividend yield of 1.49%. The ex-dividend date is Thursday, October 20th. This is a positive change from Ricardo plc’s previous dividend of $5.07. The official announcement can be accessed at this link.
Shares of Ricardo plc (LON:RCDO) opened at 1000.00 on Wednesday. The company’s market capitalization is GBX 528.52 million. The stock’s 50 day moving average price is GBX 913.26 and its 200 day moving average price is GBX 830.23. Ricardo plc has a 52-week low of GBX 645.00 and a 52-week high of GBX 1,040.00.
Several research analysts recently commented on the company. Peel Hunt reissued an “add” rating and issued a GBX 845 ($10.30) price objective on shares of Ricardo plc in a research note on Thursday, September 15th. Liberum Capital reissued a “buy” rating and issued a GBX 875 ($10.66) price objective on shares of Ricardo plc in a research note on Thursday, September 15th.
In other Ricardo plc news, insider Mark Garrett sold 7,838 shares of the company’s stock in a transaction on Monday, October 17th. The stock was sold at an average price of GBX 1,010 ($12.31), for a total value of £79,163.80 ($96,482.39).
Ricardo plc Company Profile
Ricardo plc is a United kingdom-based company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. The Technical Consulting segment provides services in relation to the development and implementation of engineering and environmental projects and in relation to management and operational consultancy.
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