ITV plc (ITV) To Go Ex-Dividend on April 10th

ITV plc (LON:ITV) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 3.30 ($0.04) per share by the broadcaster on Thursday, May 22nd. This represents a yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 10th. The official announcement can be viewed at this link.

ITV Stock Up 3.2 %

Shares of ITV opened at GBX 69.70 ($0.89) on Tuesday. The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56. The company has a 50-day simple moving average of GBX 75.63 and a 200-day simple moving average of GBX 74.21. ITV has a 52 week low of GBX 61.29 ($0.78) and a 52 week high of GBX 89 ($1.13). The firm has a market capitalization of £2.69 billion, a P/E ratio of 6.37, a P/E/G ratio of -0.53 and a beta of 1.44.

ITV (LON:ITV) last posted its quarterly earnings results on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.12) EPS for the quarter. ITV had a return on equity of 23.62% and a net margin of 12.11%. On average, equities research analysts expect that ITV will post 1120 earnings per share for the current year.

Insider Buying and Selling

In other ITV news, insider Carolyn McCall sold 267,242 shares of the company’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 79 ($1.01), for a total value of £211,121.18 ($268,738.77). Company insiders own 10.64% of the company’s stock.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 115 ($1.46) target price on shares of ITV in a research report on Wednesday, March 12th.

About ITV

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.

ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.