Serco Group plc (LON:SRP) to Issue Dividend of GBX 2.27

Serco Group plc (LON:SRP) declared a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be paid a dividend of GBX 2.27 ($0.03) per share on Friday, May 10th. This represents a yield of 1.27%. The ex-dividend date is Thursday, April 18th. This is an increase from Serco Group’s previous dividend of $1.14. The official announcement can be viewed at this link.

Serco Group Trading Down 0.1 %

Shares of LON SRP opened at GBX 182.10 ($2.27) on Wednesday. Serco Group has a 12 month low of GBX 135.30 ($1.68) and a 12 month high of GBX 193.10 ($2.40). The company has a market cap of £1.97 billion, a price-to-earnings ratio of 1,012.78, a P/E/G ratio of 3.06 and a beta of 0.38. The company has a quick ratio of 0.98, a current ratio of 0.87 and a debt-to-equity ratio of 63.84. The business has a fifty day simple moving average of GBX 184.30 and a 200-day simple moving average of GBX 166.21.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Serco Group in a report on Monday, February 26th.

Insider Activity

In related news, insider Nigel Crossley sold 212,403 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of GBX 186 ($2.32), for a total value of £395,069.58 ($491,808.27). 2.00% of the stock is currently owned by company insiders.

About Serco Group

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.