Genus plc (LON:GNS) Plans Dividend Increase – GBX 21.70 Per Share

Genus plc (LON:GNS) declared a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be given a dividend of GBX 21.70 ($0.28) per share on Friday, December 6th. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from Genus’s previous dividend of $10.30. The official announcement can be viewed at this link.

Genus Stock Up 0.6 %

LON GNS opened at GBX 1,992 ($25.93) on Wednesday. The company has a debt-to-equity ratio of 53.54, a quick ratio of 1.08 and a current ratio of 1.80. Genus has a 52 week low of GBX 1,478 ($19.24) and a 52 week high of GBX 2,378 ($30.96). The stock has a market capitalization of £1.31 billion, a P/E ratio of 16,633.33, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37. The stock has a fifty day moving average of GBX 1,961.28 and a 200-day moving average of GBX 1,834.95.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Genus from GBX 2,300 ($29.94) to GBX 2,150 ($27.99) and set a “buy” rating for the company in a research report on Wednesday, July 17th.

Insiders Place Their Bets

In other Genus news, insider Jorgen Kokke sold 2,186 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of GBX 1,956 ($25.46), for a total transaction of £42,758.16 ($55,660.19). In other news, insider Jorgen Kokke sold 2,186 shares of Genus stock in a transaction on Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($25.46), for a total transaction of £42,758.16 ($55,660.19). Also, insider Iain Ferguson acquired 3,000 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average price of GBX 1,800 ($23.43) per share, with a total value of £54,000 ($70,294.19). Company insiders own 0.75% of the company’s stock.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.