Gamma Communications plc (LON:GAMA) to Issue Dividend of GBX 11.40

Gamma Communications plc (LON:GAMA) declared a dividend on Monday, March 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 30th will be given a dividend of GBX 11.40 ($0.14) per share on Thursday, June 20th. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Gamma Communications’s previous dividend of $5.70. The official announcement can be accessed at this link.

Gamma Communications Stock Up 0.9 %

Gamma Communications stock opened at GBX 1,364 ($17.24) on Wednesday. The stock has a market capitalization of £1.33 billion, a PE ratio of 2,550.94, a price-to-earnings-growth ratio of 2.79 and a beta of 0.73. Gamma Communications has a twelve month low of GBX 980.10 ($12.39) and a twelve month high of GBX 1,418 ($17.92). The company has a quick ratio of 2.45, a current ratio of 3.40 and a debt-to-equity ratio of 3.80. The company has a 50 day moving average of GBX 1,235.68 and a 200-day moving average of GBX 1,140.05.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a report on Monday.

Gamma Communications Company Profile

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.