Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson acquired 210 shares of the firm’s stock in a transaction that occurred on Monday, March 26th. The stock was purchased at an average cost of GBX 119 ($1.64) per share, with a total value of £249.90 ($345.26).
Shares of Spirent Communications Plc (SPT) traded down GBX 1.40 ($0.02) on Monday, reaching GBX 116.60 ($1.61). The company had a trading volume of 178,382 shares, compared to its average volume of 1,290,000. Spirent Communications Plc has a 52 week low of GBX 1.15 ($0.02) and a 52 week high of GBX 131 ($1.81). The stock has a market cap of $735.31 and a price-to-earnings ratio of 3,886.67.
The business also recently announced a dividend, which will be paid on Friday, May 4th. Shareholders of record on Thursday, March 15th will be paid a GBX 5.33 ($0.07) dividend. The ex-dividend date is Thursday, March 15th. This represents a yield of 4.23%. This is an increase from Spirent Communications’s previous dividend of $1.27.
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About Spirent Communications
Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.
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