Begbies Traynor Group plc (LON:BEG) to Issue Dividend of GBX 2.70

Begbies Traynor Group plc (LON:BEG) declared a dividend on Tuesday, July 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 2.70 ($0.04) per share on Wednesday, November 6th. This represents a dividend yield of 2.72%. The ex-dividend date is Thursday, October 10th. This is an increase from Begbies Traynor Group’s previous dividend of $1.30. The official announcement can be viewed at this link.

Begbies Traynor Group Price Performance

BEG opened at GBX 97.25 ($1.27) on Tuesday. Begbies Traynor Group has a 12-month low of GBX 95.28 ($1.25) and a 12-month high of GBX 131.50 ($1.72). The company has a market cap of £153.93 million, a price-to-earnings ratio of 9,730.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37. The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79. The stock has a fifty day simple moving average of GBX 101.16 and a two-hundred day simple moving average of GBX 103.72.

Analyst Ratings Changes

BEG has been the subject of several recent analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 158 ($2.07) price target on shares of Begbies Traynor Group in a research report on Tuesday, September 17th. Shore Capital reaffirmed a “house stock” rating on shares of Begbies Traynor Group in a report on Tuesday, September 17th.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.