Nick Bray Purchases 18,348 Shares of De La Rue plc (LON:DLAR) Stock

De La Rue plc (LON:DLAR) insider Nick Bray bought 18,348 shares of De La Rue stock in a transaction on Monday, June 4th. The stock was acquired at an average price of GBX 545 ($7.26) per share, for a total transaction of £99,996.60 ($133,133.54).

Shares of De La Rue stock opened at GBX 550 ($7.32) on Friday. De La Rue plc has a 12 month low of GBX 586 ($7.80) and a 12 month high of GBX 711.50 ($9.47).

The company also recently declared a dividend, which will be paid on Friday, August 3rd. Stockholders of record on Thursday, July 5th will be paid a dividend of GBX 16.70 ($0.22) per share. The ex-dividend date is Thursday, July 5th. This represents a dividend yield of 3.21%. This is a positive change from De La Rue’s previous dividend of $8.30.

Separately, JPMorgan Chase & Co. reduced their target price on De La Rue from GBX 710 ($9.45) to GBX 700 ($9.32) and set an “overweight” rating on the stock in a research note on Wednesday, March 21st.

About De La Rue

De La Rue plc primarily operates as a commercial producer of currency worldwide. The company operates through three segments: Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment provides printed banknotes, banknote papers, polymer substrates, and banknote security features.

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