Alpha Group International plc (LON:ALPH) Increases Dividend to GBX 14 Per Share

Alpha Group International plc (LON:ALPH) announced a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 14 ($0.18) per share on Friday, May 23rd. This represents a yield of 0.56%. The ex-dividend date is Thursday, April 24th. This is a 233.3% increase from Alpha Group International’s previous dividend of $4.20. The official announcement can be viewed at this link.

Alpha Group International Stock Performance

LON:ALPH opened at GBX 2,480 ($32.16) on Friday. Alpha Group International has a 12 month low of GBX 1,780 ($23.08) and a 12 month high of GBX 2,830 ($36.70). The company has a market cap of £1.04 billion, a PE ratio of 11.06 and a beta of 1.71. The company has a 50 day simple moving average of GBX 2,494.13 and a two-hundred day simple moving average of GBX 2,321.76.

Alpha Group International (LON:ALPH) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 86.40 ($1.12) earnings per share for the quarter. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%. Research analysts forecast that Alpha Group International will post 94.7462955 earnings per share for the current year.

Insider Transactions at Alpha Group International

In other news, insider Jayne-Anne Gadhia sold 11,504 shares of Alpha Group International stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of GBX 2,521 ($32.69), for a total transaction of £290,015.84 ($376,057.88). Corporate insiders own 24.00% of the company’s stock.

About Alpha Group International

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.