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Dixons Carphone PLC (DC) to Issue Dividend of GBX 7.75 on September 22nd

Dixons Carphone PLC (LON:DC) declared a dividend on Wednesday, June 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 24th will be given a dividend of GBX 7.75 ($0.10) per share on Friday, September 22nd. This represents a yield of 2.64%. The ex-dividend date is Thursday, August 24th. The official announcement can be viewed at this link.

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Dixons Carphone PLC (LON:DC) opened at 238.70 on Wednesday. Dixons Carphone PLC has a 52-week low of GBX 237.20 and a 52-week high of GBX 391.20. The company’s market cap is GBX 2.75 billion. The company has a 50-day moving average of GBX 265.34 and a 200 day moving average of GBX 301.06.

In other news, insider Lord Livingston acquired 19,087 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were bought at an average cost of GBX 260 ($3.38) per share, with a total value of £49,626.20 ($64,424.51). Also, insider Andrew Harrison sold 61,219 shares of the stock in a transaction dated Friday, July 7th. The shares were sold at an average price of GBX 288 ($3.74), for a total transaction of £176,310.72 ($228,885.78).

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A number of brokerages have recently issued reports on DC. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 400 ($5.19) price objective on shares of Dixons Carphone PLC in a research note on Monday, August 14th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 430 ($5.58) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, August 2nd. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 410 ($5.32) price objective on shares of Dixons Carphone PLC in a research note on Friday, July 21st. Credit Suisse Group reiterated an “outperform” rating on shares of Dixons Carphone PLC in a report on Friday, July 21st. Finally, Goldman Sachs Group, Inc. (The) lowered their price target on shares of Dixons Carphone PLC from GBX 365 ($4.74) to GBX 315 ($4.09) and set a “neutral” rating for the company in a report on Friday, June 30th. Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 402.25 ($5.22).

Dixons Carphone PLC Company Profile

Dixons Carphone plc (Dixons Carphone) is an electrical and telecommunications retailer and services company. The Company operates through four segments: UK & Ireland, Nordics, Southern Europe and Connected World Services (CWS). Dixons Carphone offers a range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.