KCOM Group PLC Declares Dividend of GBX 2 (KCOM)
KCOM Group PLC (LON:KCOM) announced a dividend on Tuesday, November 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 28th will be given a dividend of GBX 2 ($0.03) per share on Friday, February 9th. This represents a dividend yield of 2.04%. The ex-dividend date is Thursday, December 28th. The official announcement can be accessed at this link.
KCOM Group (KCOM) traded down GBX 0.25 ($0.00) during trading hours on Friday, hitting GBX 90.50 ($1.22). 221,788 shares of the stock traded hands, compared to its average volume of 938,355. KCOM Group has a 1-year low of GBX 87 ($1.17) and a 1-year high of GBX 111.25 ($1.50). The firm has a market capitalization of $470.83 and a P/E ratio of 1,810.00.
KCOM has been the subject of several research reports. Peel Hunt reiterated a “buy” rating and set a GBX 150 ($2.02) price objective on shares of KCOM Group in a research note on Monday, September 4th. FinnCap restated a “corporate” rating and set a GBX 130 ($1.75) target price on shares of KCOM Group in a research report on Thursday, November 9th. Finally, Barclays decreased their target price on shares of KCOM Group from GBX 105 ($1.41) to GBX 100 ($1.35) and set an “equal weight” rating for the company in a research report on Wednesday, November 29th.
KCOM Group PLC is engaged in providing information technology (IT) and communications services. The Company’s segments include Enterprise, Hull and East Yorkshire and National Network Services. The Enterprise segment is engaged in providing IT and integration services, including cloud-based infrastructure and contact and collaboration solutions, to the United Kingdom-based public and private sector organizations.
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