TT Electronics plc (LON:TTG) Declares Dividend Increase – GBX 4.65 Per Share

TT Electronics plc (LON:TTGGet Free Report) declared a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 4.65 ($0.06) per share on Wednesday, May 15th. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from TT Electronics’s previous dividend of $2.15. The official announcement can be viewed at this link.

TT Electronics Price Performance

Shares of LON TTG opened at GBX 156.60 ($1.99) on Friday. The company has a market capitalization of £277.90 million, a price-to-earnings ratio of -4,966.67, a PEG ratio of 0.60 and a beta of 0.91. The company has a debt-to-equity ratio of 74.61, a current ratio of 2.08 and a quick ratio of 0.93. TT Electronics has a 1-year low of GBX 133.60 ($1.70) and a 1-year high of GBX 209.23 ($2.66). The business has a 50-day moving average of GBX 150.95 and a 200-day moving average of GBX 158.88.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 260 ($3.30) price target on shares of TT Electronics in a report on Wednesday, November 22nd.

View Our Latest Research Report on TT Electronics

About TT Electronics

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TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.

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Dividend History for TT Electronics (LON:TTG)

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