DCC plc (LON:DCC) to Issue GBX 66.19 Dividend

DCC plc (LON:DCC) announced a dividend on Tuesday, November 12th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 66.19 ($0.85) per share on Friday, December 13th. This represents a yield of 1.33%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.

DCC Stock Performance

LON:DCC opened at GBX 5,380 ($69.23) on Thursday. The stock has a 50-day moving average price of GBX 5,141.25 and a 200 day moving average price of GBX 5,394.36. The stock has a market capitalization of £5.32 billion, a P/E ratio of 1,653.03, a P/E/G ratio of 4.37 and a beta of 0.74. DCC has a 12-month low of GBX 4,828 ($62.13) and a 12-month high of GBX 6,075 ($78.18). The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 73.97.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 7,020 ($90.34) price objective on shares of DCC in a research report on Tuesday. Royal Bank of Canada raised shares of DCC to an “outperform” rating and raised their target price for the company from GBX 5,700 ($73.35) to GBX 5,800 ($74.64) in a research note on Thursday, August 15th.

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.