QinetiQ Group plc Plans Dividend of GBX 2.80 (LON:QQ)

QinetiQ Group plc (LON:QQ) declared a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 9th will be given a dividend of GBX 2.80 ($0.04) per share on Friday, February 7th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, January 9th. The official announcement can be seen at this link.

QinetiQ Group Price Performance

QQ stock opened at GBX 423.20 ($5.45) on Friday. QinetiQ Group has a 12 month low of GBX 292.20 ($3.76) and a 12 month high of GBX 491 ($6.32). The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 42.47. The company has a 50-day moving average price of GBX 457.31 and a 200 day moving average price of GBX 441.94. The stock has a market cap of £2.39 billion, a PE ratio of 1,941.67, a P/E/G ratio of 1.47 and a beta of 0.48.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of QinetiQ Group in a research report on Tuesday, October 15th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, QinetiQ Group currently has an average rating of “Moderate Buy” and an average price target of GBX 457.50 ($5.89).

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.