SCS Group PLC (LON:SCS) hit a new 52-week high on Wednesday . The stock traded as high as GBX 193 ($2.58) and last traded at GBX 190 ($2.54), with a volume of 62300 shares traded. The stock had previously closed at GBX 187 ($2.50).
Separately, FinnCap reiterated a “buy” rating and issued a GBX 215 ($2.88) price target on shares of SCS Group in a research report on Wednesday, November 22nd.
The business also recently disclosed a dividend, which was paid on Monday, November 27th. Investors of record on Thursday, November 2nd were issued a GBX 9.80 ($0.13) dividend. This represents a yield of 5.57%. The ex-dividend date of this dividend was Thursday, November 2nd. This is an increase from SCS Group’s previous dividend of $4.90.
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About SCS Group
ScS Group plc is engaged in the provision of upholstered furniture and flooring, trading under the brand name, ScS. The Company specializes in fabric and leather sofas, and sells a range of branded and ScS branded products sold under registered trademarks, including Endurance and SiSi Italia. The Company also offers a range of third-party brands, including La-Z-Boy, G Plan and Parker Knoll.
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