IG Design Group PLC (LON:IGR) announced a dividend on Tuesday, June 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 1st will be given a dividend of GBX 6 ($0.08) per share on Thursday, September 5th. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from IG Design Group’s previous dividend of $2.50. The official announcement can be viewed at this link.
Shares of IG Design Group stock traded up GBX 2 ($0.03) on Tuesday, hitting GBX 606 ($7.92). 533,898 shares of the company traded hands, compared to its average volume of 60,307. The company has a debt-to-equity ratio of 58.91, a quick ratio of 0.76 and a current ratio of 1.22. The stock has a market cap of $474.89 million and a P/E ratio of 24.63. IG Design Group has a 12-month low of GBX 362 ($4.73) and a 12-month high of GBX 618 ($8.08).
Several analysts have recently weighed in on the stock. Berenberg Bank raised their price objective on shares of IG Design Group from GBX 640 ($8.36) to GBX 680 ($8.89) and gave the company a “buy” rating in a research report on Tuesday. Canaccord Genuity restated a “buy” rating and set a GBX 800 ($10.45) price objective on shares of IG Design Group in a research report on Monday, April 15th.
IG Design Group Company Profile
IG Design Group plc designs, manufactures, sources, and distributes gift packaging and greetings, stationery and creative play products, design-led giftware, and bags. It also provides partyware products; and home, school, and office products. The company serves large and mid-sized retailers, other manufacturers and wholesalers of greetings products, service merchandisers, and trading companies.
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