Victorian Plumbing Group plc (LON:VIC) Plans Dividend of GBX 1.09

Victorian Plumbing Group plc (LON:VICGet Free Report) announced a dividend on Wednesday, January 15th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 6th will be paid a dividend of GBX 1.09 ($0.01) per share on Friday, March 7th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Victorian Plumbing Group’s previous dividend of $0.52. The official announcement can be accessed at this link.

Victorian Plumbing Group Stock Up 2.1 %

VIC opened at GBX 98 ($1.20) on Friday. The firm’s 50 day simple moving average is GBX 105.98 and its two-hundred day simple moving average is GBX 102.10. The company has a market capitalization of £319.19 million, a PE ratio of 2,450.00, a PEG ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group has a 1-year low of GBX 74.80 ($0.92) and a 1-year high of GBX 124 ($1.52). The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32.

Wall Street Analyst Weigh In

VIC has been the topic of a number of recent research reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 132 ($1.62) target price on shares of Victorian Plumbing Group in a research report on Tuesday, October 15th. Shore Capital reaffirmed a “buy” rating on shares of Victorian Plumbing Group in a research note on Thursday, November 21st.

Check Out Our Latest Stock Analysis on VIC

About Victorian Plumbing Group

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Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.

Further Reading

Dividend History for Victorian Plumbing Group (LON:VIC)

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