Taptica International (TAP) Announces Dividend of $0.05

Taptica International (LON:TAP) announced a dividend on Monday, March 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 19th will be paid a dividend of $0.05 per share on Tuesday, June 19th. This represents a dividend yield of 1.22%. The ex-dividend date is Thursday, April 19th. This is an increase from Taptica International’s previous dividend of $0.04. The official announcement can be viewed at this link.

Shares of TAP stock opened at GBX 305 ($4.31) on Friday. Taptica International has a 52 week low of GBX 265.01 ($3.75) and a 52 week high of GBX 520 ($7.35).

In other news, insider Hagai Tal sold 1,650,000 shares of the company’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of GBX 450 ($6.36), for a total transaction of £7,425,000 ($10,494,699.65). Also, insider Yaniv Carmi purchased 15,428 shares of the business’s stock in a transaction dated Tuesday, April 3rd. The shares were purchased at an average cost of GBX 300 ($4.24) per share, for a total transaction of £46,284 ($65,419.08). Insiders have bought 93,678 shares of company stock worth $34,250,900 in the last 90 days.

Several analysts have recently commented on TAP shares. FinnCap restated a “corporate” rating and set a GBX 550 ($7.77) target price on shares of Taptica International in a report on Friday, January 19th. Berenberg Bank increased their target price on Taptica International from GBX 600 ($8.48) to GBX 620 ($8.76) and gave the stock a “buy” rating in a report on Monday, March 26th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 600 ($8.48) target price on shares of Taptica International in a report on Monday, January 22nd.

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About Taptica International

Taptica International Ltd., together with its subsidiaries, operates a mobile advertising platform. The company offers data-focused marketing solutions that drive execution and brand insight on mobile by leveraging video, social, native, and display to reach the users for various applications, services, and brands.

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