Britvic Plc (LON:BVIC) announced a dividend on Wednesday, November 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of GBX 19.30 ($0.26) per share on Monday, February 5th. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, December 7th. This is an increase from Britvic’s previous dividend of $7.20. The official announcement can be viewed at this link.
Shares of Britvic (LON:BVIC) traded up GBX 0.75 ($0.01) on Wednesday, hitting GBX 820.25 ($11.04). 782,338 shares of the company were exchanged, compared to its average volume of 839,789. Britvic has a 12-month low of GBX 522 ($7.03) and a 12-month high of GBX 825 ($11.10).
Britvic (LON:BVIC) last announced its quarterly earnings data on Wednesday, November 29th. The company reported GBX 52.90 ($0.71) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 49.70 ($0.67) by GBX 3.20 ($0.04). Britvic had a net margin of 5.10% and a return on equity of 25.84%. The firm had revenue of GBX 154.08 billion during the quarter.
Several research analysts have weighed in on the stock. Numis Securities increased their target price on shares of Britvic from GBX 770 ($10.36) to GBX 785 ($10.57) and gave the stock a “hold” rating in a research note on Wednesday. J P Morgan Chase & Co increased their target price on shares of Britvic from GBX 760 ($10.23) to GBX 810 ($10.90) and gave the stock a “neutral” rating in a research note on Wednesday. Jefferies Group increased their target price on shares of Britvic from GBX 750 ($10.09) to GBX 800 ($10.77) and gave the stock a “hold” rating in a research note on Friday, December 1st. Shore Capital lowered shares of Britvic to a “hold” rating in a research note on Monday, November 13th. Finally, Shore Capital Group lowered shares of Britvic to a “hold” rating in a research note on Monday, November 13th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Britvic presently has a consensus rating of “Hold” and an average target price of GBX 750.50 ($10.10).
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Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. It operates through six segments: GB stills, GB carbs, Ireland, France, Brazil and International. The GB stills and GB carbs segments include its operations in the United Kingdom excluding Northern Ireland.
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