Fintel Plc (LON:FNTL) to Issue Dividend Increase – GBX 2.45 Per Share

Fintel Plc (LON:FNTL) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of GBX 2.45 ($0.03) per share on Wednesday, June 18th. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a 104.2% increase from Fintel’s previous dividend of $1.20. The official announcement can be accessed at this link.

Fintel Price Performance

Fintel stock traded down GBX 10.84 ($0.14) during mid-day trading on Tuesday, reaching GBX 246.16 ($3.20). The company had a trading volume of 178,901 shares, compared to its average volume of 243,018. Fintel has a 1 year low of GBX 240.90 ($3.13) and a 1 year high of GBX 329 ($4.27). The company has a debt-to-equity ratio of 17.73, a current ratio of 0.75 and a quick ratio of 0.85. The company has a market capitalization of £258.43 million, a P/E ratio of 44.14 and a beta of 1.17. The stock’s 50-day simple moving average is GBX 269.28 and its 200-day simple moving average is GBX 276.64.

Fintel (LON:FNTL) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 13.20 ($0.17) earnings per share for the quarter. Fintel had a net margin of 8.56% and a return on equity of 5.86%. On average, equities analysts predict that Fintel will post 13.91258 EPS for the current year.

Insider Transactions at Fintel

In other news, insider David Thompson bought 8,064 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of GBX 267 ($3.47) per share, for a total transaction of £21,530.88 ($27,965.81). Corporate insiders own 41.30% of the company’s stock.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.