Learning Technologies Group PLC (LON:LTG) to Issue Dividend Increase – GBX 0.35 Per Share


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

Shares of LTG traded up GBX 0.10 ($0.00) during mid-day trading on Thursday, hitting GBX 94.50 ($1.23). 3,081,308 shares of the company’s stock were exchanged, compared to its average volume of 826,947. The company has a market capitalization of $631.07 million and a P/E ratio of 157.50. Learning Technologies Group has a fifty-two week low of GBX 58.80 ($0.77) and a fifty-two week high of GBX 166.50 ($2.18). The company has a debt-to-equity ratio of 22.66, a quick ratio of 0.81 and a current ratio of 0.85. The company has a 50-day moving average of GBX 87.08.

A number of research firms recently weighed in on LTG. Berenberg Bank restated a “buy” rating and set a GBX 125 ($1.63) target price on shares of Learning Technologies Group in a research note on Tuesday, June 18th. Peel Hunt restated a “buy” rating on shares of Learning Technologies Group in a research note on Tuesday, June 4th. Goldman Sachs Group reiterated a “buy” rating on shares of Learning Technologies Group in a research note on Monday, June 3rd. Finally, Numis Securities reiterated a “buy” rating on shares of Learning Technologies Group in a research note on Thursday, May 30th.

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.

Further Reading: What is an Initial Public Offering (IPO)?

Dividend History for Learning Technologies Group (LON:LTG)



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



Source link

Be the first to comment on "Learning Technologies Group PLC (LON:LTG) to Issue Dividend Increase – GBX 0.35 Per Share"

Leave a comment

Your email address will not be published.


*


8 − five =