Advanced Medical Solutions Group plc (LON:AMS) Raises Dividend to GBX 1.83 Per Share

Advanced Medical Solutions Group plc (LON:AMS) announced a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 29th will be paid a dividend of GBX 1.83 ($0.02) per share on Friday, June 20th. This represents a dividend yield of 0.89%. The ex-dividend date is Thursday, May 29th. This is a 137.7% increase from Advanced Medical Solutions Group’s previous dividend of $0.77. The official announcement can be accessed at this link.

Advanced Medical Solutions Group Price Performance

Shares of LON:AMS opened at GBX 201 ($2.61) on Friday. Advanced Medical Solutions Group has a one year low of GBX 176.60 ($2.29) and a one year high of GBX 275.83 ($3.58). The stock has a fifty day moving average of GBX 211.58 and a 200-day moving average of GBX 212.49. The company has a market capitalization of £434.01 million, a PE ratio of 38.95, a price-to-earnings-growth ratio of 5.00 and a beta of 0.74. The company has a debt-to-equity ratio of 37.01, a quick ratio of 4.58 and a current ratio of 8.39.

Advanced Medical Solutions Group (LON:AMS) last released its earnings results on Thursday, March 20th. The company reported GBX 10.65 ($0.14) earnings per share (EPS) for the quarter. Advanced Medical Solutions Group had a return on equity of 4.57% and a net margin of 8.49%. As a group, equities analysts anticipate that Advanced Medical Solutions Group will post 9.8159509 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.89) target price on shares of Advanced Medical Solutions Group in a report on Wednesday.

About Advanced Medical Solutions Group

AMS is a world-leading independent developer and manufacturer of innovative tissue-healing technology, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, internal fixation devices and internal sealants, which it markets under its brands LiquiBand®, RESORBA®, LiquiBandFix8®, and Seal-G®.