Card Factory plc (LON:CARD) Announces GBX 1.20 Dividend

Card Factory plc (LON:CARD) announced a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 1.20 ($0.02) per share on Wednesday, December 11th. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, October 31st. The official announcement can be accessed at this link.

Card Factory Stock Performance

Shares of LON:CARD opened at GBX 111.80 ($1.50) on Wednesday. Card Factory has a fifty-two week low of GBX 88.10 ($1.18) and a fifty-two week high of GBX 144.25 ($1.93). The company has a debt-to-equity ratio of 46.23, a current ratio of 0.60 and a quick ratio of 0.20. The company has a market capitalization of £388.63 million, a price-to-earnings ratio of 797.64, a P/E/G ratio of 0.84 and a beta of 2.06. The firm’s 50 day simple moving average is GBX 122.64 and its 200 day simple moving average is GBX 105.90.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CARD shares. Berenberg Bank assumed coverage on Card Factory in a research report on Wednesday, July 3rd. They set a “buy” rating and a GBX 154 ($2.06) price objective for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 185 ($2.48) price target on shares of Card Factory in a report on Tuesday.

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.