C&C Group plc Plans Dividend of €0.02 (LON:CCR)

C&C Group plc (LON:CCR) announced a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of €0.02 ($0.02) per share on Friday, December 13th. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be viewed at this link.

C&C Group Stock Performance

Shares of CCR opened at GBX 156.20 ($2.03) on Tuesday. C&C Group has a 52 week low of GBX 131 ($1.70) and a 52 week high of GBX 178.20 ($2.31). The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16. The company has a market capitalization of £597.73 million, a PE ratio of -673.33, a PEG ratio of 5.61 and a beta of 1.26. The company’s 50 day moving average price is GBX 157.46 and its 200 day moving average price is GBX 160.65.

Insider Activity

In other C&C Group news, insider Feargal O’Rourke purchased 50,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were acquired at an average price of GBX 156 ($2.02) per share, for a total transaction of £78,000 ($101,154.20). 3.38% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research note on Monday, September 9th.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.