Abcam Plc (ABC) Plans Dividend of GBX 7.36

Abcam Plc (LON:ABC) declared a dividend on Monday, September 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 16th will be given a dividend of GBX 7.36 ($0.10) per share on Friday, December 8th. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, November 16th. This is an increase from Abcam Plc’s previous dividend of $2.83. The official announcement can be viewed at this link.

Abcam Plc (LON:ABC) opened at GBX 999.89 ($13.15) on Friday. Abcam Plc has a 12-month low of GBX 759.50 ($9.99) and a 12-month high of GBX 1,113 ($14.64).

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In other news, insider Louise Patten bought 1,636 shares of the stock in a transaction on Thursday, September 14th. The stock was acquired at an average cost of GBX 1,079 ($14.19) per share, for a total transaction of £17,652.44 ($23,217.73). Also, insider Jonathan Simon Milner sold 567,033 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of GBX 1,017 ($13.38), for a total value of £5,766,725.61 ($7,584,802.85).

Several brokerages have commented on ABC. J P Morgan Chase & Co upped their price objective on Abcam Plc from GBX 864 ($11.36) to GBX 946 ($12.44) and gave the company a “neutral” rating in a research report on Monday, September 18th. Peel Hunt upped their price objective on Abcam Plc from GBX 750 ($9.86) to GBX 1,020 ($13.42) and gave the company a “hold” rating in a research report on Wednesday, September 20th. Panmure Gordon reaffirmed a “sell” rating on shares of Abcam Plc in a research report on Monday, September 11th. Numis Securities Ltd upped their price objective on Abcam Plc from GBX 1,116 ($14.68) to GBX 1,200 ($15.78) and gave the company an “add” rating in a research report on Tuesday, September 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,100 ($14.47) price objective on shares of Abcam Plc in a research report on Monday, September 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. Abcam Plc currently has an average rating of “Hold” and a consensus target price of GBX 972.67 ($12.79).

Abcam Plc Company Profile

Abcam plc is a global life sciences company. As a developer of reagents and tools, the Company’s purpose is to serve life science researchers globally. Providing the research and clinical communities with tools and scientific support, the Company offers validated biological binders and assays to address important targets in critical biological pathways.

Dividend History for Abcam Plc (LON:ABC)

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