Card Factory plc (LON:CARD) Announces GBX 1.20 Dividend

Card Factory plc (LON:CARD) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 1.20 ($0.02) per share on Wednesday, December 11th. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, October 31st. The official announcement can be viewed at this link.

Card Factory Price Performance

Shares of CARD opened at GBX 107.02 ($1.43) on Thursday. The company has a debt-to-equity ratio of 46.23, a quick ratio of 0.20 and a current ratio of 0.60. The company has a 50 day moving average price of GBX 122.84 and a 200-day moving average price of GBX 105.93. Card Factory has a fifty-two week low of GBX 88.10 ($1.18) and a fifty-two week high of GBX 144.25 ($1.93). The stock has a market capitalization of £372.03 million, a PE ratio of 778.57, a PEG ratio of 0.84 and a beta of 2.06.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CARD. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 185 ($2.48) price target on shares of Card Factory in a report on Tuesday. Berenberg Bank assumed coverage on shares of Card Factory in a research report on Wednesday, July 3rd. They set a “buy” rating and a GBX 154 ($2.06) target price for the company.

About Card Factory

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.