The Rank Group Plc Declares Dividend of GBX 0.85 (LON:RNK)

The Rank Group Plc (LON:RNK) announced a dividend on Thursday, August 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be paid a dividend of GBX 0.85 ($0.01) per share on Friday, October 25th. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be viewed at this link.

The Rank Group Price Performance

Shares of RNK stock opened at GBX 80 ($1.06) on Tuesday. The stock has a market cap of £374.74 million, a price-to-earnings ratio of 2,676.67, a PEG ratio of 1.75 and a beta of 2.47. The business’s fifty day moving average is GBX 73.03 and its 200 day moving average is GBX 74.70. The Rank Group has a twelve month low of GBX 60.40 ($0.80) and a twelve month high of GBX 99.80 ($1.32). The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Rank Group in a research note on Thursday, August 15th.

Insider Buying and Selling

In related news, insider Richard Harris bought 30,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were purchased at an average cost of GBX 76 ($1.00) per share, with a total value of £22,800 ($30,118.89). 60.50% of the stock is owned by insiders.

About The Rank Group

The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in Great Britain, Spain, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and Enracha Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker, as well as electronic roulette and slots machine games; and community games, such as bingo, slot machine games, food and drink, and live entertainment.