Begbies Traynor Group plc (LON:BEG) Announces GBX 1.40 Dividend

Begbies Traynor Group plc (LON:BEG) announced a dividend on Wednesday, December 10th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 1.40 ($0.02) per share on Wednesday, May 7th. This represents a yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. The official announcement can be accessed at this link.

Begbies Traynor Group Price Performance

Begbies Traynor Group stock opened at GBX 95.30 ($1.21) on Tuesday. Begbies Traynor Group has a 12-month low of GBX 83.08 ($1.06) and a 12-month high of GBX 110.50 ($1.41). The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79. The firm has a 50-day moving average price of GBX 95.35 and a 200-day moving average price of GBX 94.87. The firm has a market capitalization of £151.74 million, a PE ratio of 103.83, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on BEG shares. Shore Capital reaffirmed a “house stock” rating on shares of Begbies Traynor Group in a research note on Tuesday, December 10th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 150 ($1.91) price objective on shares of Begbies Traynor Group in a research report on Thursday, December 12th. Finally, Canaccord Genuity Group increased their target price on Begbies Traynor Group from GBX 148 ($1.88) to GBX 150 ($1.91) and gave the stock a “buy” rating in a research note on Tuesday, December 10th.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.