Kitwave Group plc (LON:KITW) Plans Dividend of GBX 3.85

Kitwave Group plc (LON:KITW) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 11th will be paid a dividend of GBX 3.85 ($0.05) per share on Friday, August 2nd. This represents a yield of 1.15%. The ex-dividend date is Thursday, July 11th. The official announcement can be viewed at this link.

Kitwave Group Stock Down 7.1 %

LON KITW opened at GBX 312.13 ($3.95) on Tuesday. The business’s fifty day simple moving average is GBX 364.93 and its 200-day simple moving average is GBX 325.87. The company has a quick ratio of 0.65, a current ratio of 1.29 and a debt-to-equity ratio of 69.96. The firm has a market cap of £218.83 million, a PE ratio of 1,208.31 and a beta of 0.85. Kitwave Group has a 52 week low of GBX 236.40 ($2.99) and a 52 week high of GBX 409.50 ($5.18).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 455 ($5.76) price objective on shares of Kitwave Group in a research report on Tuesday.

About Kitwave Group

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.