Rank Group PLC (RNK) Raises Dividend to GBX 5.30 Per Share
Rank Group PLC (LON:RNK) declared a dividend on Thursday, August 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 20th will be paid a dividend of GBX 5.30 ($0.07) per share on Tuesday, October 30th. This represents a dividend yield of 3.1%. The ex-dividend date is Thursday, September 20th. This is a positive change from Rank Group’s previous dividend of $2.15. The official announcement can be accessed at this link.
Shares of LON RNK opened at GBX 166.60 ($2.13) on Friday. Rank Group has a 12 month low of GBX 203.40 ($2.59) and a 12 month high of GBX 250 ($3.19).
Rank Group (LON:RNK) last issued its earnings results on Thursday, August 16th. The company reported GBX 15 ($0.19) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of GBX 15 ($0.19). Rank Group had a return on equity of 12.76% and a net margin of 7.09%.
Several analysts recently weighed in on RNK shares. Peel Hunt reissued a “buy” rating on shares of Rank Group in a report on Thursday. Canaccord Genuity dropped their price target on Rank Group from GBX 200 ($2.55) to GBX 180 ($2.30) and set a “hold” rating for the company in a report on Friday.
About Rank Group
The Rank Group Plc, together with its subsidiaries, provides gaming services in Great Britain, Spain, and Belgium. The company operates through Grosvenor Venues, Mecca Venues, UK Digital, and Enracha segments. It offers a range of casino table games, including roulette, blackjack, baccarat, and poker; electronic roulette and slots machine games; and community games, such as bingo, as well as social and bingo clubs.
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