Cavendish Financial plc (CAV) to Issue Dividend of GBX 0.30 on December 11th

Cavendish Financial plc (LON:CAV) announced a dividend on Monday, November 11th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 0.30 ($0.00) per share on Wednesday, December 11th. This represents a yield of 2.73%. The ex-dividend date is Thursday, November 21st. This is a positive change from Cavendish Financial’s previous dividend of $0.25. The official announcement can be accessed at this link.

Cavendish Financial Price Performance

LON CAV opened at GBX 10.45 ($0.13) on Tuesday. Cavendish Financial has a 1 year low of GBX 7 ($0.09) and a 1 year high of GBX 15 ($0.19). The company has a market cap of £34.73 million, a price-to-earnings ratio of -1,050.00 and a beta of 1.23. The stock’s fifty day moving average price is GBX 10.29 and its 200 day moving average price is GBX 11.78.

Insiders Place Their Bets

In other news, insider Mark Astaire purchased 4,103 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were bought at an average cost of GBX 11 ($0.14) per share, for a total transaction of £451.33 ($572.10). Insiders own 59.20% of the company’s stock.

Cavendish Financial Company Profile

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.