Cohort plc (LON:CHRT) Announces Dividend Increase – GBX 10.10 Per Share

Cohort plc (LON:CHRT) declared a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 10.10 ($0.13) per share on Wednesday, October 2nd. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 22nd. This is a boost from Cohort’s previous dividend of $4.70. The official announcement can be seen at this link.

Cohort Price Performance

Shares of LON:CHRT opened at GBX 870.50 ($11.31) on Wednesday. The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.93 and a current ratio of 1.55. The business’s fifty day moving average price is GBX 810.69 and its two-hundred day moving average price is GBX 733.20. The stock has a market cap of £350.64 million, a PE ratio of 2,268.42 and a beta of 0.58. Cohort has a one year low of GBX 456 ($5.93) and a one year high of GBX 889.50 ($11.56).

Insider Activity at Cohort

In other Cohort news, insider Simon Walther sold 1,359 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($10.86), for a total transaction of £11,361.24 ($14,762.53). In other Cohort news, insider Andrew Stephen Thomis sold 19,224 shares of the firm’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.50), for a total value of £155,329.92 ($201,832.02). Also, insider Simon Walther sold 1,359 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of GBX 836 ($10.86), for a total transaction of £11,361.24 ($14,762.53). Insiders own 35.90% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Cohort in a research note on Monday, July 15th.

Cohort Company Profile

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.