XP Power Ltd. (LON:XPP) declared a dividend on Monday, October 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 14th will be given a dividend of GBX 18 ($0.24) per share on Thursday, January 11th. This represents a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from XP Power’s previous dividend of $16.00. The official announcement can be seen at this link.
XP Power (LON XPP) opened at 3139.00 on Tuesday. The firm’s market cap is GBX 598.04 million. The company’s 50 day moving average is GBX 2,688.15 and its 200 day moving average is GBX 2,556.92. XP Power has a 12-month low of GBX 1,675.00 and a 12-month high of GBX 3,150.00.
Several research firms have commented on XPP. Peel Hunt boosted their target price on shares of XP Power from GBX 2,680 ($35.24) to GBX 3,200 ($42.07) and gave the stock a “buy” rating in a research report on Monday. Investec boosted their target price on shares of XP Power from GBX 3,130 ($41.15) to GBX 3,430 ($45.10) and gave the stock a “buy” rating in a research report on Monday.
XP Power Company Profile
XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.
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