QinetiQ Group plc Announces Dividend of GBX 2.80 (LON:QQ)

QinetiQ Group plc (LON:QQ) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be paid a dividend of GBX 2.80 ($0.04) per share on Friday, February 7th. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be accessed at this link.

QinetiQ Group Stock Performance

Shares of QQ stock traded up GBX 4.60 ($0.06) during mid-day trading on Thursday, hitting GBX 466 ($6.00). 1,102,220 shares of the stock were exchanged, compared to its average volume of 88,555. The stock’s fifty day simple moving average is GBX 457.34 and its two-hundred day simple moving average is GBX 441.05. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15. QinetiQ Group has a 12-month low of GBX 292.20 ($3.76) and a 12-month high of GBX 491 ($6.32). The stock has a market capitalization of £2.63 billion, a price-to-earnings ratio of 1,922.50, a P/E/G ratio of 1.47 and a beta of 0.48.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of QinetiQ Group in a research note on Tuesday, October 15th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, QinetiQ Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 457.50 ($5.89).

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.