FDM Group (Holdings) plc (LON:FDM) Announces Dividend of GBX 22

FDM Group (Holdings) plc (LON:FDM) announced a dividend on Tuesday, March 18th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 20th will be paid a dividend of GBX 22 ($0.29) per share on Thursday, March 27th. This represents a yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 120.0% increase from FDM Group’s previous dividend of $10.00. The official announcement can be seen at this link.

FDM Group Trading Up 14.0 %

Shares of LON:FDM opened at GBX 253 ($3.29) on Wednesday. The company has a market cap of £276.21 million, a PE ratio of 9.08 and a beta of 0.97. The company’s 50-day moving average price is GBX 241.16 and its 200 day moving average price is GBX 317.66. FDM Group has a fifty-two week low of GBX 211 ($2.74) and a fifty-two week high of GBX 472 ($6.14). The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75.

Insider Buying and Selling at FDM Group

In other FDM Group news, insider Sheila Flavell acquired 338 shares of the stock in a transaction dated Thursday, January 9th. The shares were bought at an average price of GBX 295 ($3.84) per share, with a total value of £997.10 ($1,296.28). Also, insider Michael (Mike) McLaren acquired 225 shares of FDM Group stock in a transaction dated Tuesday, March 11th. The shares were bought at an average cost of GBX 221 ($2.87) per share, with a total value of £497.25 ($646.45). In the last 90 days, insiders have purchased 775 shares of company stock valued at $199,255. Company insiders own 17.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.