Informa plc (LON:INF) Announces Dividend Increase – GBX 13.60 Per Share

Informa plc (LON:INF) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, May 29th will be given a dividend of GBX 13.60 ($0.18) per share on Friday, July 11th. This represents a dividend yield of 1.77%. The ex-dividend date is Thursday, May 29th. This is a 112.5% increase from Informa’s previous dividend of $6.40. The official announcement can be accessed at this link.

Informa Price Performance

Informa stock opened at GBX 792.80 ($10.76) on Tuesday. Informa has a 52 week low of GBX 634.20 ($8.61) and a 52 week high of GBX 911.60 ($12.37). The business has a 50-day simple moving average of GBX 743.90 and a 200 day simple moving average of GBX 801.47. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. The stock has a market cap of £10.43 billion, a price-to-earnings ratio of 34.14, a PEG ratio of 0.75 and a beta of 1.12.

Informa (LON:INF) last posted its earnings results on Thursday, March 6th. The company reported GBX 50.40 ($0.68) EPS for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. On average, research analysts forecast that Informa will post 59.3240265 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider John Rishton acquired 2,608 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average cost of GBX 761 ($10.33) per share, for a total transaction of £19,846.88 ($26,929.28). Also, insider Louise Smalley acquired 5,050 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average price of GBX 779 ($10.57) per share, with a total value of £39,339.50 ($53,377.88). Insiders acquired a total of 9,858 shares of company stock worth $7,603,838 over the last ninety days. 0.53% of the stock is owned by corporate insiders.

Informa Company Profile

Informa (LSE:INF.L) is a leading international Information Services, Advanced Learning, B2B Exhibitions and Events Group. We’re here to champion the specialist. Through hundreds of brands and a range of products and services, we connect businesses and professionals with the knowledge they need to learn more, know more and do more.