Vertu Motors plc (VTU) to Issue Dividend of GBX 0.65 on January 22nd

Vertu Motors plc (LON:VTU) declared a dividend on Wednesday, October 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 16th will be given a dividend of GBX 0.65 ($0.01) per share on Saturday, January 22nd. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, December 16th. This is an increase from Vertu Motors’s previous dividend of $0.60. The official announcement can be viewed at this link.

LON:VTU opened at GBX 58.40 ($0.76) on Thursday. Vertu Motors has a 1-year low of GBX 26 ($0.34) and a 1-year high of GBX 60 ($0.78). The company has a current ratio of 1.00, a quick ratio of 0.17 and a debt-to-equity ratio of 59.42. The firm has a fifty day simple moving average of GBX 51.74 and a 200 day simple moving average of GBX 46.92. The stock has a market capitalization of £214.44 million and a PE ratio of 13.32.

Separately, Liberum Capital reaffirmed a “buy” rating and set a GBX 90 ($1.18) price objective on shares of Vertu Motors in a research report on Wednesday.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new cars, motorcycles, commercial vehicles, and used vehicles, as well as provides related aftersales services. It operates a chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, Farnell, and Vertu Motors.

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Dividend History for Vertu Motors (LON:VTU)

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