Impax Asset Management Group Plc (LON:IPX) announced a dividend on Wednesday, November 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 8th will be paid a dividend of GBX 2.20 ($0.03) per share on Friday, March 16th. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, February 8th. This is a positive change from Impax Asset Management Group’s previous dividend of $0.70. The official announcement can be accessed at this link.
Shares of Impax Asset Management Group (IPX) traded down GBX 0.25 ($0.00) during trading hours on Friday, hitting GBX 181 ($2.54). 7,587,591 shares of the stock traded hands, compared to its average volume of 70,654. The stock has a market capitalization of $442.76 and a P/E ratio of 2,585.71. Impax Asset Management Group has a 1-year low of GBX 68 ($0.95) and a 1-year high of GBX 214 ($3.01).
In other news, insider Keith Falconer sold 3,376,515 shares of Impax Asset Management Group stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of GBX 165 ($2.32), for a total value of £5,571,249.75 ($7,823,690.14).
Separately, Peel Hunt lifted their target price on shares of Impax Asset Management Group from GBX 140 ($1.97) to GBX 150 ($2.11) and gave the company a “buy” rating in a report on Monday, October 9th.
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Impax Asset Management Group Company Profile
Impax Asset Management Group plc is an investment company offering listed and private equity strategies primarily to institutional clients. The Company has six listed equity strategies: Specialists, Leaders, Water, Asia-Pacific, Global Opportunities, and Food and Agriculture. Its real assets business comprises renewable power generation and sustainable property private equity funds.
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