Hyve Group Plc (LON:HYVE) to Issue Dividend of GBX 1.60

Hyve Group Plc (LON:HYVE) announced a dividend on Tuesday, December 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 1.60 ($0.02) per share on Monday, February 3rd. This represents a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be viewed at this link.

Hyve Group stock traded down GBX 0.80 ($0.01) during midday trading on Tuesday, reaching GBX 81.90 ($1.07). 115,998 shares of the stock traded hands. The company has a debt-to-equity ratio of 44.28, a quick ratio of 0.51 and a current ratio of 0.67. The firm has a market capitalization of $608.13 million and a price-to-earnings ratio of -91.00. The business has a 50-day simple moving average of GBX 80.70. Hyve Group has a 12-month low of GBX 73 ($0.95) and a 12-month high of GBX 88 ($1.15).

Separately, Peel Hunt reissued an “add” rating on shares of Hyve Group in a research note on Tuesday.

About Hyve Group

Hyve Group Plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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