YouGov (LON:YOU) Trading Up 2.8% Following Dividend Announcement

YouGov plc (LON:YOU) shot up 2.8% on Tuesday following a dividend announcement from the company. The company traded as high as GBX 420 ($5.45) and last traded at GBX 409 ($5.30). Approximately 1,226,186 shares traded hands during trading, an increase of 87% from the average daily volume of 656,216 shares. The stock had previously closed at GBX 398 ($5.16).

The newly announced dividend which will be paid on Monday, December 9th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 9 ($0.12) per share. This is an increase from YouGov’s previous dividend of $8.75. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 2.26%. YouGov’s dividend payout ratio (DPR) is 4,500.00%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on YouGov from GBX 1,200 ($15.56) to GBX 810 ($10.50) and set a “buy” rating for the company in a research report on Tuesday, August 6th.

YouGov Stock Performance

The stock has a market capitalization of £567.50 million, a price-to-earnings ratio of 2,430.00, a PEG ratio of 0.71 and a beta of 1.06. The company’s 50-day simple moving average is GBX 453.54 and its 200-day simple moving average is GBX 603.77. The company has a current ratio of 0.77, a quick ratio of 0.99 and a debt-to-equity ratio of 122.70.

Insider Transactions at YouGov

In other news, insider Alex McIntosh sold 97,803 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of GBX 525 ($6.81), for a total value of £513,465.75 ($665,887.37). In other news, insider Alex McIntosh sold 97,803 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of GBX 525 ($6.81), for a total transaction of £513,465.75 ($665,887.37). Also, insider Shalini Govil-Pai bought 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average cost of GBX 530 ($6.87) per share, for a total transaction of £34,450 ($44,676.44). 10.14% of the stock is owned by corporate insiders.

YouGov Company Profile

YouGov plc provides online market research services in the United Kingdom, the United States, the Middle East, Mainland Europe, and the Asia Pacific. It operates through three divisions: Data Products, Data Services, and Custom Research. The Data Products division offers syndicated data products, which are available to clients on a subscription basis.