RTC Group (LON:RTC) Sets New 52-Week High Following Dividend Announcement

RTC Group plc (LON:RTC)’s share price hit a new 52-week high on Monday following a dividend announcement from the company. The stock traded as high as GBX 89 ($1.12) and last traded at GBX 80.50 ($1.02), with a volume of 96963 shares traded. The stock had previously closed at GBX 66.50 ($0.84).

The newly announced dividend which will be paid on Monday, July 8th. Investors of record on Thursday, June 6th will be issued a GBX 4.50 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a dividend yield of 6.43%. This is a boost from RTC Group’s previous dividend of $1.00. RTC Group’s dividend payout ratio is currently 2,000.00%.

RTC Group Trading Up 21.4 %

The business has a fifty day simple moving average of GBX 69.44 and a 200 day simple moving average of GBX 60.93. The stock has a market cap of £12.45 million, a price-to-earnings ratio of 1,610.00 and a beta of 1.10. The company has a debt-to-equity ratio of 59.13, a quick ratio of 1.49 and a current ratio of 1.50.

RTC Group Company Profile

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.