AB Dynamics plc (LON:ABDP) Announces Dividend Increase – GBX 5.30 Per Share

AB Dynamics plc (LON:ABDP) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 16th will be paid a dividend of GBX 5.30 ($0.07) per share on Friday, January 31st. This represents a yield of 0.26%. The ex-dividend date is Thursday, January 16th. This is a boost from AB Dynamics’s previous dividend of $2.33. The official announcement can be seen at this link.

AB Dynamics Stock Performance

LON ABDP opened at GBX 2,035.79 ($25.81) on Thursday. The stock has a market capitalization of £467.21 million, a PE ratio of 3,491.53, a P/E/G ratio of 1.74 and a beta of 0.72. The business has a 50 day simple moving average of GBX 1,890.10 and a two-hundred day simple moving average of GBX 1,978.13. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.20 and a quick ratio of 2.10. AB Dynamics has a 1-year low of GBX 1,610 ($20.41) and a 1-year high of GBX 2,462 ($31.21).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of AB Dynamics in a report on Thursday, September 26th.

About AB Dynamics

AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.