Hotel Chocolat Group PLC (HOTC) Announces Dividend of GBX 1.60

Hotel Chocolat Group PLC (LON:HOTC) declared a dividend on Wednesday, September 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 23rd will be paid a dividend of GBX 1.60 ($0.02) per share on Friday, December 22nd. This represents a yield of 0.52%. The ex-dividend date is Thursday, November 23rd. The official announcement can be viewed at this link.

Hotel Chocolat Group (LON HOTC) traded up GBX 7.75 ($0.10) during midday trading on Thursday, reaching GBX 353 ($4.75). 17,636 shares of the company’s stock traded hands, compared to its average volume of 54,450. Hotel Chocolat Group has a twelve month low of GBX 221 ($2.97) and a twelve month high of GBX 405 ($5.45).

HOTC has been the subject of a number of research reports. FinnCap restated a “hold” rating and issued a GBX 280 ($3.77) price objective on shares of Hotel Chocolat Group in a report on Monday, October 16th. Berenberg Bank restated a “buy” rating and issued a GBX 380 ($5.11) price objective on shares of Hotel Chocolat Group in a report on Friday, October 20th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 365 ($4.91) price objective on shares of Hotel Chocolat Group in a report on Tuesday, August 29th.

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Hotel Chocolat Group Company Profile

Hotel Chocolat Group plc is a chocolate company. The Company is engaged in manufacturing and retailing of chocolate in the United Kingdom and overseas. The Company operates in three areas: the United Kingdom, Europe and Rest of World. The Company offers chocolates under the brand, Hotel Chocolat. The Company sells its chocolate direct to customers though subscription, online and its approximately 83 stores.

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