Card Factory PLC (LON:CARD) announced a dividend on Tuesday, September 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 8th will be given a dividend of GBX 7.90 ($0.10) per share on Friday, December 14th. This represents a dividend yield of 4.41%. The ex-dividend date of this dividend is Thursday, November 8th. This is a boost from Card Factory’s previous dividend of $6.40. The official announcement can be seen at this link.
Card Factory stock opened at GBX 186.50 ($2.44) on Wednesday. Card Factory has a 12 month low of GBX 184.23 ($2.41) and a 12 month high of GBX 358.80 ($4.69).
CARD has been the subject of several research reports. Liberum Capital restated a “hold” rating on shares of Card Factory in a research report on Tuesday, October 2nd. Peel Hunt downgraded shares of Card Factory to a “reduce” rating and cut their price objective for the stock from GBX 240 ($3.14) to GBX 180 ($2.35) in a research report on Thursday, August 9th. Finally, Berenberg Bank restated a “sell” rating and set a GBX 150 ($1.96) price objective on shares of Card Factory in a research report on Wednesday, September 26th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 211.25 ($2.76).
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About Card Factory
Card Factory plc, together with its subsidiaries, operates as a specialist retailer of greeting cards, primarily in the United Kingdom. The company designs, prints, produces, and sells greeting cards, dressings, and related gift items. It operates through Card Factory and Getting Personal segments. The company provides single cards for everyday occasions, such as birthdays, anniversaries, weddings, thank you, get well soon, good luck, congratulations, sympathy, and new baby cards, as well as seasonal occasions, including Christmas, Mother's Day, Father's Day, Valentine's Day, Easter, thank you teacher, graduation, and exam congratulations; online personalized physical cards; and boxes of various Christmas cards.
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