Begbies Traynor Group plc (LON:BEG) to Issue GBX 1.40 Dividend

Begbies Traynor Group plc (LON:BEG) announced a dividend on Wednesday, December 10th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 1.40 ($0.02) per share on Wednesday, May 7th. This represents a yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. The official announcement can be accessed at this link.

Begbies Traynor Group Stock Performance

Begbies Traynor Group stock opened at GBX 95.30 ($1.21) on Tuesday. The company has a debt-to-equity ratio of 23.79, a current ratio of 1.31 and a quick ratio of 1.35. Begbies Traynor Group has a 12 month low of GBX 83.08 ($1.06) and a 12 month high of GBX 110.50 ($1.41). The company has a market cap of £151.74 million, a price-to-earnings ratio of 103.83, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37. The stock’s 50-day moving average is GBX 95.35 and its 200-day moving average is GBX 94.87.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Canaccord Genuity Group increased their price target on Begbies Traynor Group from GBX 148 ($1.88) to GBX 150 ($1.91) and gave the company a “buy” rating in a report on Tuesday, December 10th. Shore Capital reiterated a “house stock” rating on shares of Begbies Traynor Group in a research note on Tuesday, December 10th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 150 ($1.91) target price on shares of Begbies Traynor Group in a report on Thursday, December 12th.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.