FDM Group (Holdings) plc (LON:FDM) to Issue GBX 17 Dividend

FDM Group (Holdings) plc (LON:FDM) announced a dividend on Wednesday, July 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 17 ($0.21) per share on Friday, October 13th. This represents a dividend yield of 2.76%. The ex-dividend date is Thursday, September 21st. The official announcement can be accessed at this link.

FDM Group Price Performance

LON:FDM opened at GBX 527 ($6.53) on Tuesday. FDM Group has a 52 week low of GBX 505 ($6.26) and a 52 week high of GBX 897 ($11.11). The company has a debt-to-equity ratio of 12.51, a quick ratio of 2.24 and a current ratio of 2.44. The firm’s 50-day simple moving average is GBX 568.50 and its 200 day simple moving average is GBX 652.91. The firm has a market cap of £577.43 million, a price-to-earnings ratio of 1,461.11 and a beta of 1.02.

Wall Street Analysts Forecast Growth

FDM has been the topic of several recent research reports. Shore Capital reaffirmed a “house stock” rating on shares of FDM Group in a report on Wednesday, June 28th. Barclays lowered their price objective on FDM Group from GBX 1,000 ($12.39) to GBX 840 ($10.41) and set an “overweight” rating on the stock in a research note on Monday, May 22nd.

Insiders Place Their Bets

In other news, insider Michael (Mike) McLaren bought 96 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of GBX 518 ($6.42) per share, for a total transaction of £497.28 ($615.98). In other FDM Group news, insider Michael (Mike) McLaren purchased 96 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were bought at an average price of GBX 518 ($6.42) per share, for a total transaction of £497.28 ($615.98). Also, insider Sheila Flavell purchased 170 shares of the stock in a transaction dated Wednesday, July 12th. The shares were acquired at an average cost of GBX 587 ($7.27) per share, with a total value of £997.90 ($1,236.10). Corporate insiders own 17.80% of the company’s stock.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.