Stock Spirits Group PLC (LON:STCK) Declares Dividend Increase – €0.06 Per Share

Share on StockTwits

Stock Spirits Group PLC (LON:STCK) announced a dividend on Wednesday, December 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 30th will be paid a dividend of €0.06 ($0.07) per share on Friday, February 21st. This represents a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Stock Spirits Group’s previous dividend of $0.03. The official announcement can be viewed at this link.

Shares of Stock Spirits Group stock traded up GBX 17.60 ($0.23) during trading on Wednesday, reaching GBX 206 ($2.69). The company’s stock had a trading volume of 1,286,567 shares, compared to its average volume of 218,778. Stock Spirits Group has a 52-week low of GBX 188 ($2.46) and a 52-week high of GBX 241 ($3.15). The company has a market cap of $412.00 million and a price-to-earnings ratio of 13.73. The firm’s 50-day moving average is GBX 201.74 and its two-hundred day moving average is GBX 221.32. The company has a quick ratio of 1.37, a current ratio of 1.62 and a debt-to-equity ratio of 29.10.

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank cut their price objective on shares of Stock Spirits Group from GBX 340 ($4.44) to GBX 269 ($3.51) and set a “buy” rating for the company in a research note on Friday, November 29th. Shore Capital assumed coverage on shares of Stock Spirits Group in a research note on Friday, November 29th. They issued a “buy” rating and a GBX 280 ($3.66) price objective for the company. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 281.80 ($3.68).

About Stock Spirits Group

Stock Spirits Group PLC produces and distributes branded spirits in Central and Eastern Europe. It offers a range of spirits, including vodka, vodka-based liqueurs, rum, brandy, wines, whisky, gin, herbal bitters, and limoncello. Its primary brands include 1906, Amundsen, Amundsen Expedition, Balsam Bialy, Božkov Vodka, Keglevich Dry, Lubelska Biala Trzy Zboza, Nordic Ice Vodka, Orkisz, Pražská Vodka, Saska, Silver, Spiritis, Stock Prestige, Vodka No.1, Wódka Zubr, and Zoladkowa de Luxe.

See Also: What are the qualifications of a portfolio manager?

Dividend History for Stock Spirits Group (LON:STCK)

Receive News & Ratings for Stock Spirits Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stock Spirits Group and related companies with MarketBeat.com's FREE daily email newsletter.