UP Global Sourcing Holdings PLC (UPGS) Declares Dividend Increase – GBX 1.89 Per Share

UP Global Sourcing Holdings PLC (LON:UPGS) announced a dividend on Tuesday, November 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 3rd will be paid a dividend of GBX 1.89 ($0.02) per share on Wednesday, January 30th. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, January 3rd. This is a positive change from UP Global Sourcing’s previous dividend of $0.83. The official announcement can be accessed at this link.

Shares of LON:UPGS opened at GBX 43.90 ($0.57) on Wednesday. UP Global Sourcing has a fifty-two week low of GBX 29.38 ($0.38) and a fifty-two week high of GBX 228 ($2.98).

Separately, Shore Capital reaffirmed a “house stock” rating on shares of UP Global Sourcing in a research report on Monday, September 10th.

In other UP Global Sourcing news, insider James McCarthy acquired 135,000 shares of the stock in a transaction that occurred on Tuesday, November 6th. The stock was acquired at an average price of GBX 39 ($0.51) per share, with a total value of £52,650 ($68,796.55).

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UP Global Sourcing Company Profile

UP Global Sourcing Holdings plc, through its subsidiaries, supplies branded household products worldwide. The company offers its products principally under the Beldray, Intempo, Salter, and Russell Hobbs brands. UP Global Sourcing Holdings plc was founded in 1997 and is based in Oldham, the United Kingdom.

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