Intertek Group plc (OTCMKTS:IKTSY) Raises Dividend to $1.46 Per Share

Intertek Group plc (OTCMKTS:IKTSY) declared a dividend on Wednesday, September 15th, investing.com reports. Shareholders of record on Friday, September 17th will be given a dividend of 1.4645 per share by the business services provider on Friday, October 22nd. This represents a yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 16th. This is a boost from Intertek Group’s previous dividend of $1.45.

OTCMKTS IKTSY opened at $75.10 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.13 and a current ratio of 1.15. The firm has a market cap of $12.12 billion, a PE ratio of 34.29 and a beta of 0.62. Intertek Group has a one year low of $70.88 and a one year high of $87.50. The firm’s fifty day moving average is $74.49 and its two-hundred day moving average is $78.46.

Several analysts have recently weighed in on the stock. Barclays reaffirmed an “underweight” rating on shares of Intertek Group in a report on Monday, August 2nd. HSBC raised shares of Intertek Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 28th. Cheuvreux raised shares of Intertek Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 21st. Zacks Investment Research downgraded shares of Intertek Group from a “hold” rating to a “sell” rating in a report on Thursday, August 5th. Finally, Berenberg Bank downgraded shares of Intertek Group from a “buy” rating to a “hold” rating in a report on Thursday, June 3rd. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $88.00.

About Intertek Group

Intertek Group Plc engages in the provision of assurance,a testing, inspection and certification services to industries worldwide. It offers services from auditing and inspection, training, advisory, quality assurance and certification. It operates through following segments: Products, Trade, and Resources.

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Dividend History for Intertek Group (OTCMKTS:IKTSY)

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