Kitwave Group plc Announces Dividend of GBX 3.85 (LON:KITW)

Kitwave Group plc (LON:KITW) declared a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 3.85 ($0.05) per share on Friday, August 2nd. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, July 11th. The official announcement can be viewed at this link.

Kitwave Group Trading Up 0.5 %

LON KITW opened at GBX 310 ($3.92) on Thursday. The firm has a market cap of £217.34 million, a PE ratio of 1,186.54 and a beta of 0.85. Kitwave Group has a 1-year low of GBX 236.40 ($2.99) and a 1-year high of GBX 409.50 ($5.18). The stock has a 50-day moving average of GBX 362.77 and a 200-day moving average of GBX 326.01. The company has a current ratio of 1.29, a quick ratio of 0.65 and a debt-to-equity ratio of 69.96.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 455 ($5.76) price objective on shares of Kitwave Group in a research report on Tuesday.

About Kitwave Group

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.