Learning Technologies Group PLC (LON:LTG) Increases Dividend to GBX 0.35 Per Share

Learning Technologies Group PLC (LON:LTG) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 0.35 ($0.00) per share on Friday, June 28th. This represents a dividend yield of 0.44%. The ex-dividend date is Thursday, June 6th. This is a boost from Learning Technologies Group’s previous dividend of $0.15. The official announcement can be accessed at this link.

LTG stock traded up GBX 0.40 ($0.01) during trading on Tuesday, reaching GBX 70 ($0.91). The company had a trading volume of 1,615,777 shares, compared to its average volume of 826,947. Learning Technologies Group has a 52 week low of GBX 58.80 ($0.77) and a 52 week high of GBX 166.50 ($2.18). The company has a market cap of $464.08 million and a P/E ratio of 116.67. The company has a debt-to-equity ratio of 22.66, a current ratio of 0.85 and a quick ratio of 0.81.

A number of equities analysts recently issued reports on LTG shares. Berenberg Bank reissued a “buy” rating and issued a GBX 190 ($2.48) price target on shares of Learning Technologies Group in a research note on Tuesday, January 22nd. Peel Hunt reaffirmed a “buy” rating on shares of Learning Technologies Group in a research note on Thursday, January 3rd. Finally, Goldman Sachs Group started coverage on shares of Learning Technologies Group in a research note on Friday. They set a “buy” rating and a GBX 113 ($1.48) target price for the company.

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Learning Technologies Group Company Profile

Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.

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Dividend History for Learning Technologies Group (LON:LTG)

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