IG Group Holdings plc (LON:IGG) to Issue GBX 13.86 Dividend

IG Group Holdings plc (LON:IGG) announced a dividend on Thursday, January 23rd,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 13.86 ($0.17) per share on Monday, March 3rd. This represents a yield of 1.37%. The ex-dividend date of this dividend is Thursday, January 30th. The official announcement can be viewed at this link.

IG Group Price Performance

IGG stock opened at GBX 1,022 ($12.72) on Tuesday. The company has a debt-to-equity ratio of 17.04, a quick ratio of 2.40 and a current ratio of 2.31. IG Group has a 52-week low of GBX 671 ($8.35) and a 52-week high of GBX 1,106 ($13.76). The company has a market capitalization of £3.67 billion, a P/E ratio of 1,310.26, a PEG ratio of -1.44 and a beta of 0.55. The company has a fifty day moving average price of GBX 982.11 and a 200-day moving average price of GBX 945.06.

IG Group (LON:IGG) last announced its earnings results on Thursday, January 23rd. The company reported GBX 55.30 ($0.69) EPS for the quarter. IG Group had a return on equity of 15.76% and a net margin of 32.24%. As a group, equities analysts expect that IG Group will post 104.0295119 EPS for the current year.

Insider Activity

In other IG Group news, insider Marieke Flament purchased 5,335 shares of IG Group stock in a transaction that occurred on Tuesday, November 26th. The stock was acquired at an average price of GBX 937 ($11.66) per share, with a total value of £49,988.95 ($62,198.52). 4.44% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of IG Group in a research note on Thursday, January 16th.

IG Group Company Profile

IG Group (LSEG:IGG) is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.