GlobalData Plc Plans Dividend of GBX 1 (LON:DATA)

GlobalData Plc (LON:DATA) announced a dividend on Monday, March 10th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 1 ($0.01) per share on Friday, May 2nd. This represents a yield of 0.65%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be viewed at this link.

GlobalData Price Performance

Shares of DATA traded up GBX 1.50 ($0.02) during mid-day trading on Tuesday, reaching GBX 155 ($2.01). 8,743,690 shares of the stock traded hands, compared to its average volume of 2,152,411. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. GlobalData has a 1 year low of GBX 150 ($1.95) and a 1 year high of GBX 244 ($3.17). The firm has a fifty day moving average price of GBX 185.84 and a 200 day moving average price of GBX 195.07. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16.

GlobalData (LON:DATA) last posted its earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. As a group, equities research analysts predict that GlobalData will post 9.6687774 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upped their price objective on shares of GlobalData from GBX 295 ($3.83) to GBX 300 ($3.90) and gave the stock a “buy” rating in a research report on Tuesday, January 14th.

Insider Activity

In other news, insider Michael Danson sold 2,000,000 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.53), for a total value of £3,900,000 ($5,065,592.93). Corporate insiders own 66.45% of the company’s stock.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.