Finsbury Food Group plc (FIF) Declares GBX 1 Dividend

Finsbury Food Group plc (LON:FIF) announced a dividend on Monday, March 20th. Stockholders of record on Thursday, March 30th will be paid a dividend of GBX 1 ($0.01) per share on Friday, April 21st. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, March 30th. The official announcement can be accessed at this link.

Shares of Finsbury Food Group plc (LON:FIF) opened at 111.00 on Tuesday. The stock has a 50 day moving average of GBX 114.85 and a 200-day moving average of GBX 120.25. The firm’s market capitalization is GBX 140.74 million. Finsbury Food Group plc has a one year low of GBX 102.25 and a one year high of GBX 139.00.

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A number of research firms have recently weighed in on FIF. Panmure Gordon reissued a “buy” rating and issued a GBX 150 ($1.85) price objective on shares of Finsbury Food Group plc in a research report on Monday. Arden Partners Ltd reissued a “buy” rating on shares of Finsbury Food Group plc in a research report on Wednesday, November 30th. Finally, Beaufort Securities reissued a “buy” rating and issued a GBX 140 ($1.73) price objective on shares of Finsbury Food Group plc in a research report on Friday, January 20th.

Finsbury Food Group plc Company Profile

Finsbury Food Group Plc is a United Kingdom-based bakery manufacturer. The Company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. The Company’s segments include UK bakery, Overseas and Group Operations. The Company’s UK Bakery segment manufactures and sells bakery products to the United Kingdom’s multiple grocers and foodservice sectors.

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