Intermediate Capital Group plc (LON:ICG) Announces GBX 26.30 Dividend

Intermediate Capital Group plc (LON:ICG) announced a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 26.30 ($0.34) per share on Friday, January 10th. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, December 5th. The official announcement can be accessed at this link.

Intermediate Capital Group Trading Down 7.2 %

ICG traded down GBX 162 ($2.08) on Wednesday, hitting GBX 2,078 ($26.74). 2,594,973 shares of the company were exchanged, compared to its average volume of 1,660,057. Intermediate Capital Group has a 12 month low of GBX 1,852 ($23.83) and a 12 month high of GBX 2,448 ($31.50). The company has a market cap of £6.04 billion, a P/E ratio of 1,407.50 and a beta of 1.97. The company has a fifty day moving average price of GBX 2,167.64.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank began coverage on Intermediate Capital Group in a report on Wednesday, October 23rd. They set a “buy” rating and a GBX 2,600 ($33.46) target price on the stock.

Intermediate Capital Group Company Profile

We are a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain.