The Rank Group Plc (LON:RNK) Announces GBX 0.85 Dividend

The Rank Group Plc (LON:RNK) announced a dividend on Thursday, August 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 0.85 ($0.01) per share on Friday, October 25th. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be accessed at this link.

The Rank Group Price Performance

Shares of LON RNK opened at GBX 79 ($1.04) on Wednesday. The business has a 50 day simple moving average of GBX 73.21 and a 200-day simple moving average of GBX 74.73. The Rank Group has a twelve month low of GBX 60.40 ($0.80) and a twelve month high of GBX 99.80 ($1.32). The company has a market capitalization of £370.06 million, a price-to-earnings ratio of 2,653.33, a price-to-earnings-growth ratio of 1.75 and a beta of 2.47. The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of The Rank Group in a research note on Thursday, August 15th.

Insider Buying and Selling

In related news, insider Richard Harris acquired 30,000 shares of The Rank Group stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of GBX 76 ($1.00) per share, for a total transaction of £22,800 ($30,118.89). Company insiders own 60.50% of the company’s stock.

About The Rank Group

The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in Great Britain, Spain, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and Enracha Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker, as well as electronic roulette and slots machine games; and community games, such as bingo, slot machine games, food and drink, and live entertainment.