Hollywood Bowl Group plc (LON:BOWL) Declares Dividend Increase – GBX 8.08 Per Share

Hollywood Bowl Group plc (LON:BOWL) declared a dividend on Tuesday, December 17th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 8.08 ($0.10) per share on Friday, February 21st. This represents a yield of 2.42%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Hollywood Bowl Group’s previous dividend of $3.98. The official announcement can be viewed at this link.

Hollywood Bowl Group Stock Down 0.5 %

Shares of BOWL stock opened at GBX 300.50 ($3.78) on Thursday. The stock has a 50 day moving average of GBX 322.04 and a 200-day moving average of GBX 317.73. The firm has a market cap of £517.10 million, a PE ratio of 1,502.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26. The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. Hollywood Bowl Group has a 12 month low of GBX 275 ($3.46) and a 12 month high of GBX 355 ($4.46).

Insiders Place Their Bets

In other Hollywood Bowl Group news, insider Stephen Burns acquired 13,210 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, December 17th. The stock was bought at an average cost of GBX 300 ($3.77) per share, for a total transaction of £39,630 ($49,823.99). Also, insider Melanie Dickinson sold 150,000 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 332 ($4.17), for a total value of £498,000 ($626,100.08). Company insiders own 4.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on BOWL shares. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.28) price objective on shares of Hollywood Bowl Group in a research note on Thursday, November 28th.

About Hollywood Bowl Group

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.