Park Group plc (LON:PARK) to Issue Dividend of GBX 2.15

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Park Group plc (LON:PARK) declared a dividend on Wednesday, June 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 22nd will be given a dividend of GBX 2.15 ($0.03) per share on Tuesday, October 1st. This represents a yield of 3.15%. The ex-dividend date is Thursday, August 22nd. This is a boost from Park Group’s previous dividend of $1.05. The official announcement can be seen at this link.

PARK stock opened at GBX 62.25 ($0.81) on Wednesday. The business has a 50 day moving average price of GBX 65.27 and a two-hundred day moving average price of GBX 69.85. The company has a market cap of $116.00 million and a price-to-earnings ratio of 12.97. Park Group has a twelve month low of GBX 58 ($0.76) and a twelve month high of GBX 81.50 ($1.06).

Park Group (LON:PARK) last posted its quarterly earnings results on Wednesday, June 12th. The company reported GBX 5.43 ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 5.20 ($0.07) by GBX 0.23 ($0.00).

Separately, Liberum Capital assumed coverage on Park Group in a research report on Wednesday, June 12th. They issued a “buy” rating and a GBX 80 ($1.05) price objective for the company.

Park Group Company Profile

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.

Further Reading: Municipal Bonds

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