International Distributions Services plc (LON:IDS) Declares GBX 2 Dividend

International Distributions Services plc (LON:IDS) declared a dividend on Friday, May 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 2 ($0.03) per share on Monday, September 30th. This represents a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be viewed at this link.

International Distributions Services Stock Performance

LON IDS opened at GBX 319.80 ($4.06) on Friday. International Distributions Services has a twelve month low of GBX 191.20 ($2.43) and a twelve month high of GBX 335 ($4.26). The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 99.90. The stock has a market cap of £3.06 billion, a P/E ratio of -304.57, a PEG ratio of 0.90 and a beta of 1.52. The company’s 50-day simple moving average is GBX 261.46 and its 200 day simple moving average is GBX 258.56.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on IDS. Barclays reiterated a “suspended” rating on shares of International Distributions Services in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft upped their price target on International Distributions Services from GBX 160 ($2.03) to GBX 268 ($3.41) and gave the company a “hold” rating in a research report on Thursday, April 18th.

International Distributions Services Company Profile

International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.