Investec Group (LON:INVP) to Issue GBX 16.50 Dividend

Investec Group (LON:INVP) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 16.50 ($0.21) per share on Tuesday, December 31st. This represents a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be seen at this link.

Investec Group Stock Up 2.1 %

LON:INVP opened at GBX 619 ($7.83) on Thursday. Investec Group has a 52 week low of GBX 479 ($6.06) and a 52 week high of GBX 627.50 ($7.94). The stock’s 50-day moving average price is GBX 588.90 and its 200-day moving average price is GBX 575.35. The stock has a market capitalization of £3.99 billion, a PE ratio of 910.29, a price-to-earnings-growth ratio of 0.67 and a beta of 1.05.

Insiders Place Their Bets

In other Investec Group news, insider Stephen Koseff sold 95,000 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of GBX 572 ($7.24), for a total transaction of £543,400 ($687,586.99). 4.96% of the stock is currently owned by company insiders.

Investec Group Company Profile

Investec Group engages in the provision of various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions covering severe illness, disability, life, mortgage and income protection, and business overloads.