Ted Baker plc (LON:TED) Declares GBX 16.60 Dividend

Ted Baker plc (LON:TED) announced a dividend on Tuesday, October 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 19th will be given a dividend of GBX 16.60 ($0.22) per share on Friday, November 17th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, October 19th. The official announcement can be viewed at this link.

Shares of Ted Baker plc (TED) traded up 0.54% on Friday, reaching GBX 2770.00. The company had a trading volume of 56,689 shares. The company has a 50-day moving average price of GBX 2,633.86 and a 200-day moving average price of GBX 2,546.52. The firm’s market cap is GBX 1.23 billion. Ted Baker plc has a one year low of GBX 2,286.00 and a one year high of GBX 3,150.00.

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In other news, insider Raymond Stuart Kelvin sold 62,527 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of GBX 2,760 ($36.42), for a total value of £1,725,745.20 ($2,277,309.58).

A number of research firms recently commented on TED. Peel Hunt reaffirmed a “hold” rating and issued a GBX 2,750 ($36.29) price target on shares of Ted Baker plc in a report on Friday, September 15th. Liberum Capital reissued a “buy” rating and set a GBX 3,100 ($40.91) target price on shares of Ted Baker plc in a report on Wednesday, September 13th. Finally, Jefferies Group LLC boosted their target price on shares of Ted Baker plc from GBX 2,900 ($38.27) to GBX 3,100 ($40.91) and gave the company a “buy” rating in a report on Wednesday, October 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,994.17 ($39.51).

Ted Baker plc Company Profile

Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.

Dividend History for Ted Baker plc (LON:TED)

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