Greencore Group plc (LON:GNC) announced a dividend on Tuesday, November 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be given a dividend of GBX 3.37 ($0.05) per share on Thursday, April 5th. This represents a yield of 1.59%. The ex-dividend date is Thursday, December 7th. This is an increase from Greencore Group’s previous dividend of $2.10. The official announcement can be viewed at this link.
Greencore Group (LON:GNC) traded down GBX 0.90 ($0.01) on Wednesday, reaching GBX 218.10 ($2.94). 4,175,631 shares of the company traded hands, compared to its average volume of 3,390,000. Greencore Group has a 1-year low of GBX 180.40 ($2.43) and a 1-year high of GBX 265.30 ($3.57).
Several equities research analysts recently weighed in on GNC shares. Kepler Capital Markets cut their price objective on shares of Greencore Group from GBX 290 ($3.90) to GBX 250 ($3.36) and set a “buy” rating for the company in a research report on Wednesday, November 22nd. Numis Securities reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Greencore Group in a report on Thursday, October 26th. Whitman Howard reissued a “buy” rating and issued a GBX 310 ($4.17) target price on shares of Greencore Group in a report on Friday, September 29th. Peel Hunt reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Greencore Group in a report on Thursday, August 24th. Finally, Shore Capital reissued an “under review” rating on shares of Greencore Group in a report on Tuesday, November 28th. Eight equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 302.75 ($4.07).
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About Greencore Group
Greencore Group plc is a manufacturer of convenience food. The Company’s segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US.
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