Focusrite plc (LON:TUNE) Declares Dividend of GBX 2.10

Focusrite plc (LON:TUNE - Get Free Report) announced a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 2.10 ($0.03) per share on Monday, June 10th. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be seen at this link.

Focusrite Stock Down 3.7 %

TUNE traded down GBX 13.50 ($0.17) on Thursday, reaching GBX 354 ($4.37). The company's stock had a trading volume of 202,450 shares, compared to its average volume of 101,281. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 29.80. Focusrite has a fifty-two week low of GBX 245 ($3.03) and a fifty-two week high of GBX 610 ($7.53). The stock has a 50 day moving average of GBX 369.99 and a two-hundred day moving average of GBX 453.97. The company has a market capitalization of £207.41 million, a price-to-earnings ratio of 1,180.00, a P/E/G ratio of 2.95 and a beta of 1.10.

Insider Activity at Focusrite

In other news, insider Timothy Paul Carrol acquired 3,386 shares of the firm's stock in a transaction dated Thursday, March 21st. The stock was acquired at an average cost of GBX 295 ($3.64) per share, with a total value of £9,988.70 ($12,337.82). In related news, insider Sally McKone bought 6,900 shares of the company's stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average price of GBX 292 ($3.61) per share, with a total value of £20,148 ($24,886.36). Also, insider Timothy Paul Carrol purchased 3,386 shares of the firm's stock in a transaction that occurred on Thursday, March 21st. The shares were bought at an average cost of GBX 295 ($3.64) per share, with a total value of £9,988.70 ($12,337.82). Insiders own 37.01% of the company's stock.

Focusrite Company Profile

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.