Investec Group to Issue Dividend of GBX 16.50 (LON:INVP)

Investec Group (LON:INVP) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be paid a dividend of GBX 16.50 ($0.21) per share on Tuesday, December 31st. This represents a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be viewed at this link.

Investec Group Price Performance

Shares of INVP opened at GBX 593.50 ($7.44) on Friday. The firm has a 50 day simple moving average of GBX 589.83 and a 200-day simple moving average of GBX 575.60. Investec Group has a 1-year low of GBX 479 ($6.00) and a 1-year high of GBX 627.50 ($7.87). The stock has a market cap of £3.83 billion, a price-to-earnings ratio of 884.56, a price-to-earnings-growth ratio of 0.67 and a beta of 1.05.

Insider Transactions at Investec Group

In other Investec Group news, insider Stephen Koseff sold 193,557 shares of Investec Group stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of GBX 580 ($7.27), for a total value of £1,122,630.60 ($1,407,334.34). Corporate insiders own 4.96% of the company’s stock.

Investec Group Company Profile

Investec Group engages in the provision of various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions covering severe illness, disability, life, mortgage and income protection, and business overloads.