Greencore Group plc (GNC) to Issue Dividend of GBX 3.37 on April 5th

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).

In related news, insider Eoin Tonge bought 25,000 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was purchased at an average price of GBX 187 ($2.52) per share, with a total value of £46,750 ($62,920.59).

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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.

Dividend History for Greencore Group (LON:GNC)

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