Centrica PLC to Issue Dividend of $0.09 (OTCMKTS:CPYYY)

Key Points

• Centrica PLC declared a dividend of $0.0884 per share, with a yield of 332.0%, payable on November 10th to shareholders of record as of September 22nd.
• The company's shares opened at $9.12 and have experienced a price range over the past year from a low of $5.80 to a high of $9.39.
• Centrica operates as an integrated energy company across multiple regions, including the UK, Ireland, and North America, with various service segments such as British Gas and Centrica Business Solutions.

Centrica PLC (OTCMKTS:CPYYY - Get Free Report) announced a dividend on Tuesday, September 16th, investing.com reports. Investors of record on Monday, September 22nd will be paid a dividend of 0.0884 per share by the utilities provider on Monday, November 10th. This represents a yield of 332.0%. The ex-dividend date is Friday, September 19th.

Centrica Stock Down 1.4%

OTCMKTS CPYYY traded down $0.13 on Friday, hitting $9.04. The company had a trading volume of 7,157 shares, compared to its average volume of 8,501. The company's fifty day moving average price is $8.74 and its 200-day moving average price is $8.42. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.49. Centrica has a 12-month low of $5.80 and a 12-month high of $9.61.

Analyst Ratings Changes

Several equities research analysts recently commented on CPYYY shares. Morgan Stanley raised shares of Centrica to an "overweight" rating in a report on Wednesday. Berenberg Bank raised shares of Centrica to a "strong-buy" rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy".

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.