Investec plc (LON:INVP) declared a dividend on Thursday, May 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 27th will be given a dividend of GBX 13 ($0.17) per share on Monday, August 14th. This represents a yield of 2.16%. The ex-dividend date of this dividend is Thursday, July 27th. This is an increase from Investec plc’s previous dividend of $10.00. The official announcement can be viewed at this link.
Shares of Investec plc (LON INVP) traded down 1.04% during mid-day trading on Friday, hitting GBX 570.00. 988,990 shares of the company’s stock traded hands. The company’s market cap is GBX 5.18 billion. The firm has a 50-day moving average of GBX 579.23 and a 200 day moving average of GBX 580.53. Investec plc has a 52 week low of GBX 444.20 and a 52 week high of GBX 630.50.
Separately, Numis Securities Ltd restated a “hold” rating and issued a GBX 617 ($8.03) target price on shares of Investec plc in a report on Thursday, June 1st.
In other news, insider Bernard Kantor sold 34,431 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of GBX 613 ($7.98), for a total transaction of £211,062.03 ($274,856.14). Also, insider Glynn Burger sold 450,000 shares of the company’s stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of GBX 586 ($7.63), for a total transaction of £2,637,000 ($3,434,040.89). Over the last ninety days, insiders sold 653,481 shares of company stock valued at $382,009,953.
Investec plc Company Profile
Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking.
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