Sky Plc (LON:SKY) announced a dividend on Thursday, January 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 22nd will be given a dividend of GBX 13.06 ($0.18) per share on Monday, April 23rd. This represents a yield of 1.23%. The ex-dividend date is Thursday, March 22nd. This is an increase from SKY’s previous dividend of $10.00. The official announcement can be viewed at this link.
SKY (LON:SKY) traded down GBX 9.50 ($0.13) during trading hours on Friday, reaching GBX 1,309.50 ($18.09). 6,485,320 shares of the company were exchanged, compared to its average volume of 5,600,000. SKY has a 12 month low of GBX 11.40 ($0.16) and a 12 month high of GBX 1,378 ($19.04). The stock has a market capitalization of $22,700.00 and a PE ratio of 2,518.27.
SKY (LON:SKY) last posted its earnings results on Thursday, January 25th. The company reported GBX 31.30 ($0.43) EPS for the quarter. SKY had a net margin of 7.96% and a return on equity of 27.18%. The company had revenue of GBX 673.70 billion during the quarter.
A number of equities research analysts recently commented on SKY shares. Liberum Capital reissued a “buy” rating and set a GBX 1,060 ($14.64) target price on shares of SKY in a research report on Friday, November 17th. Shore Capital reissued a “hold” rating on shares of SKY in a research report on Friday, December 15th. Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 1,075 ($14.85) price target on shares of SKY in a report on Monday, December 18th. Citigroup reaffirmed a “buy” rating and issued a GBX 1,130 ($15.61) price target on shares of SKY in a report on Monday, December 18th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of SKY in a report on Tuesday, January 16th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,158.50 ($16.01).
In related news, insider Tracy Jayne Clarke purchased 89 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was acquired at an average price of GBX 1,314 ($18.15) per share, with a total value of £1,169.46 ($1,615.72). In the last ninety days, insiders acquired 228 shares of company stock valued at $260,243.
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Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.
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