Nexteq plc (LON:NXQ) Raises Dividend to GBX 3.70 Per Share

Nexteq plc (LON:NXQ) declared a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 3.70 ($0.05) per share on Friday, May 30th. This represents a dividend yield of 5.69%. The ex-dividend date is Thursday, May 1st. This is a 12.1% increase from Nexteq’s previous dividend of $3.30. The official announcement can be seen at this link.

Nexteq Price Performance

Shares of Nexteq stock opened at GBX 66 ($0.86) on Friday. The business has a 50 day simple moving average of GBX 69.20 and a two-hundred day simple moving average of GBX 76.04. Nexteq has a 12 month low of GBX 61 ($0.79) and a 12 month high of GBX 160 ($2.07). The stock has a market capitalization of £49.79 million, a P/E ratio of 5.23 and a beta of 1.36.

Nexteq Company Profile

Nexteq (AIM: NXQ) (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group’s specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.