iomart Group plc (LON:IOM) Announces Dividend of GBX 1.30

iomart Group plc (LON:IOM) announced a dividend on Wednesday, November 27th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, January 31st. This represents a yield of 1.38%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be accessed at this link.

iomart Group Stock Performance

LON IOM opened at GBX 93 ($1.18) on Thursday. The company has a debt-to-equity ratio of 47.08, a current ratio of 1.03 and a quick ratio of 1.18. The firm has a market capitalization of £104.54 million, a price-to-earnings ratio of 1,546.67 and a beta of 0.58. The company’s fifty day moving average is GBX 95.73 and its two-hundred day moving average is GBX 117.18. iomart Group has a 52-week low of GBX 73 ($0.93) and a 52-week high of GBX 166.20 ($2.11).

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of iomart Group in a research report on Friday, October 4th.

About iomart Group

iomart Group plc engages in the provision of cloud hosting and managed services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment offers managed cloud computing facilities and services, such as colocation data centre and disaster recovery services through a network of owned data centres, to the larger SME and corporate markets.