Fevertree Drinks PLC (LON:FEVR) Increases Dividend to GBX 10.90 Per Share

Fevertree Drinks PLC (LON:FEVR) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 16th will be paid a dividend of GBX 10.90 ($0.14) per share on Friday, June 21st. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, May 16th. This is a boost from Fevertree Drinks’s previous dividend of $5.74. The official announcement can be seen at this link.

Fevertree Drinks Stock Down 0.6 %

Shares of LON FEVR opened at GBX 1,191.16 ($15.05) on Wednesday. The company has a market capitalization of £1.39 billion, a price-to-earnings ratio of 11,980.00, a price-to-earnings-growth ratio of -4.51 and a beta of 1.09. The company has a debt-to-equity ratio of 7.01, a current ratio of 3.52 and a quick ratio of 3.21. The business has a 50-day moving average of GBX 1,079.20 and a two-hundred day moving average of GBX 1,079.60. Fevertree Drinks has a 1 year low of GBX 947 ($11.97) and a 1 year high of GBX 1,489 ($18.82).

Insider Activity

In other news, insider Domenico De Lorenzo bought 45,000 shares of Fevertree Drinks stock in a transaction dated Thursday, January 25th. The stock was acquired at an average cost of GBX 974 ($12.31) per share, with a total value of £438,300 ($553,898.65). Company insiders own 11.04% of the company’s stock.

Fevertree Drinks Company Profile

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.