Intermediate Capital Group plc Declares Dividend of GBX 26.30 (LON:ICG)

Intermediate Capital Group plc (LON:ICG) announced a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 5th will be given a dividend of GBX 26.30 ($0.33) per share on Friday, January 10th. This represents a yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be viewed at this link.

Intermediate Capital Group Stock Up 1.1 %

Shares of LON ICG opened at GBX 2,146 ($27.16) on Tuesday. The firm has a market cap of £6.24 billion, a P/E ratio of 1,326.25 and a beta of 1.97. Intermediate Capital Group has a 52 week low of GBX 1,852 ($23.44) and a 52 week high of GBX 2,448 ($30.98). The business’s 50 day moving average price is GBX 2,131.54 and its 200 day moving average price is GBX 2,168.60.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank began coverage on shares of Intermediate Capital Group in a research note on Wednesday, October 23rd. They issued a “buy” rating and a GBX 2,600 ($32.91) target price for the company.

Intermediate Capital Group Company Profile

We are a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain.