FDM Group (Holdings) plc (LON:FDM) Increases Dividend to GBX 22 Per Share

FDM Group (Holdings) plc (LON:FDM) announced a dividend on Tuesday, March 18th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 20th will be given a dividend of GBX 22 ($0.29) per share on Thursday, March 27th. This represents a yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 120.0% increase from FDM Group’s previous dividend of $10.00. The official announcement can be viewed at this link.

FDM Group Trading Up 14.0 %

LON FDM opened at GBX 253 ($3.29) on Wednesday. The business has a 50 day simple moving average of GBX 241.16 and a 200 day simple moving average of GBX 317.66. The stock has a market capitalization of £276.21 million, a P/E ratio of 9.08 and a beta of 0.97. The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24. FDM Group has a one year low of GBX 211 ($2.74) and a one year high of GBX 472 ($6.14).

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a report on Wednesday.

Insider Activity

In other news, insider Michael (Mike) McLaren bought 225 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of GBX 221 ($2.87) per share, with a total value of £497.25 ($646.45). Also, insider Sheila Flavell bought 338 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was purchased at an average cost of GBX 295 ($3.84) per share, with a total value of £997.10 ($1,296.28). Insiders have purchased 775 shares of company stock worth $199,255 over the last 90 days. 17.79% of the stock is currently owned by corporate insiders.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.