Focusrite plc (LON:TUNE) Declares GBX 2.10 Dividend

Focusrite plc (LON:TUNE) announced a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 2.10 ($0.03) per share on Monday, June 10th. This represents a yield of 0.57%. The ex-dividend date is Thursday, May 9th. The official announcement can be accessed at this link.

Focusrite Price Performance

LON:TUNE opened at GBX 360 ($4.45) on Friday. Focusrite has a one year low of GBX 245 ($3.03) and a one year high of GBX 610 ($7.53). The company has a debt-to-equity ratio of 29.80, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a market cap of £210.92 million, a price-to-earnings ratio of 1,200.00, a PEG ratio of 2.95 and a beta of 1.10. The firm’s fifty day moving average is GBX 367.57 and its two-hundred day moving average is GBX 453.28.

Insider Buying and Selling at Focusrite

In other news, insider Timothy Paul Carrol acquired 3,386 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was acquired at an average price of GBX 295 ($3.64) per share, for a total transaction of £9,988.70 ($12,337.82). In other news, insider Sally McKone acquired 6,900 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was acquired at an average price of GBX 292 ($3.61) per share, for a total transaction of £20,148 ($24,886.36). Also, insider Timothy Paul Carrol acquired 3,386 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was purchased at an average price of GBX 295 ($3.64) per share, with a total value of £9,988.70 ($12,337.82). 37.01% of the stock is owned by corporate insiders.

Focusrite Company Profile

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.