IDOX plc (LON:IDOX) Declares Dividend of GBX 0.70

IDOX plc (LON:IDOX) declared a dividend on Tuesday, January 28th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of GBX 0.70 ($0.01) per share on Thursday, April 17th. This represents a dividend yield of 1.18%. The ex-dividend date is Thursday, April 3rd. This is a 16.7% increase from IDOX’s previous dividend of $0.60. The official announcement can be viewed at this link.

IDOX Stock Down 0.9 %

IDOX stock opened at GBX 57.50 ($0.74) on Tuesday. IDOX has a 52 week low of GBX 53.31 ($0.69) and a 52 week high of GBX 69 ($0.89). The firm has a market cap of £262.94 million, a price-to-earnings ratio of 47.46, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The business’s 50-day moving average price is GBX 59.48 and its 200 day moving average price is GBX 60.78. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 30.03.

IDOX (LON:IDOX) last posted its quarterly earnings data on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) earnings per share (EPS) for the quarter. IDOX had a net margin of 6.82% and a return on equity of 7.18%. As a group, sell-side analysts anticipate that IDOX will post 2.7173913 earnings per share for the current year.

Wall Street Analyst Weigh In

IDOX has been the topic of several research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 90 ($1.16) price objective on shares of IDOX in a report on Friday, March 14th. Berenberg Bank restated a “buy” rating and issued a GBX 81 ($1.05) target price on shares of IDOX in a research report on Tuesday, January 28th.

IDOX Company Profile

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.