IDOX plc (IDOX) To Go Ex-Dividend on April 3rd

IDOX plc (LON:IDOX) declared a dividend on Tuesday, January 28th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 0.70 ($0.01) per share on Thursday, April 17th. This represents a yield of 1.18%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 16.7% increase from IDOX’s previous dividend of $0.60. The official announcement can be viewed at this link.

IDOX Price Performance

Shares of LON:IDOX opened at GBX 58.37 ($0.75) on Tuesday. IDOX has a one year low of GBX 53.31 ($0.69) and a one year high of GBX 69 ($0.89). The stock has a market capitalization of £266.91 million, a price-to-earnings ratio of 48.17, a PEG ratio of 3.15 and a beta of 0.38. The company has a 50-day simple moving average of GBX 59.48 and a 200-day simple moving average of GBX 60.78. The company has a debt-to-equity ratio of 30.03, a quick ratio of 1.00 and a current ratio of 0.70.

IDOX (LON:IDOX) last released its quarterly earnings results on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) EPS for the quarter. IDOX had a return on equity of 7.18% and a net margin of 6.82%. On average, analysts predict that IDOX will post 2.7173913 EPS for the current year.

Wall Street Analysts Forecast Growth

IDOX has been the subject of several analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 81 ($1.05) price target on shares of IDOX in a report on Tuesday, January 28th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 90 ($1.16) price target on shares of IDOX in a report on Friday, March 14th.

About IDOX

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.