Investec Group Declares Dividend of GBX 16.50 (LON:INVP)

Investec Group (LON:INVP) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 16.50 ($0.21) per share on Tuesday, December 31st. This represents a dividend yield of 2.72%. The ex-dividend date is Thursday, December 12th. The official announcement can be viewed at this link.

Investec Group Stock Performance

Shares of LON INVP opened at GBX 601.50 ($7.57) on Friday. The stock has a market capitalization of £3.88 billion, a P/E ratio of 910.29, a PEG ratio of 0.67 and a beta of 1.05. The stock’s fifty day moving average is GBX 588.90 and its 200 day moving average is GBX 575.35. Investec Group has a 52 week low of GBX 479 ($6.03) and a 52 week high of GBX 627.50 ($7.90).

Insider Buying and Selling at Investec Group

In other news, insider Stephen Koseff sold 193,557 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of GBX 580 ($7.30), for a total transaction of £1,122,630.60 ($1,413,358.43). Insiders own 4.96% of the company’s stock.

About Investec Group

Investec Group engages in the provision of various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions covering severe illness, disability, life, mortgage and income protection, and business overloads.