Reach plc (LON:RCH) to Issue Dividend of GBX 2.88

Reach plc (LON:RCH) declared a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 2.88 ($0.04) per share on Friday, September 20th. This represents a dividend yield of 2.77%. The ex-dividend date is Thursday, August 15th. The official announcement can be viewed at this link.

Reach Price Performance

Shares of RCH stock opened at GBX 105.40 ($1.36) on Wednesday. The stock has a 50 day moving average price of GBX 93.51 and a 200 day moving average price of GBX 78.45. Reach has a 52-week low of GBX 58.47 ($0.75) and a 52-week high of GBX 112.80 ($1.45). The company has a debt-to-equity ratio of 9.92, a quick ratio of 0.98 and a current ratio of 0.86. The firm has a market capitalization of £335.15 million, a P/E ratio of 1,482.86, a P/E/G ratio of -0.37 and a beta of 0.95.

Insiders Place Their Bets

In other news, insider Darren Fisher sold 31,638 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of GBX 78 ($1.00), for a total value of £24,677.64 ($31,743.81). Insiders own 4.41% of the company’s stock.

About Reach

Reach plc operates as a national and regional commercial news publisher in the United Kingdom and Ireland. The company has various national and regional brands across print and online, including Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously, as well as HullLive, edinburghlive, LeicestershireLive, CorkBeo, ChronicleLive, ECHO, TeessideLive, DevonLive, YorkshireLive, football.london, BirminghamLive, new, BristolLive, and Belfastlive.