Reach plc (LON:RCH - Get Free Report) announced a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, May 1st will be paid a dividend of GBX 4.46 ($0.06) per share on Friday, May 30th. This represents a yield of 5.85%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 54.9% increase from Reach's previous dividend of $2.88. The official announcement can be viewed at this link.
Reach Trading Up 1.3 %
Shares of RCH traded up GBX 0.90 ($0.01) during trading hours on Friday, hitting GBX 72.80 ($0.97). 1,993,955 shares of the stock were exchanged, compared to its average volume of 885,566. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. The firm has a market capitalization of £229.72 million, a P/E ratio of 5.54, a price-to-earnings-growth ratio of -0.37 and a beta of 1.01. The business has a 50-day moving average of GBX 75.68 and a 200-day moving average of GBX 83.16. Reach has a fifty-two week low of GBX 63.10 ($0.84) and a fifty-two week high of GBX 112.80 ($1.50).
Reach (LON:RCH - Get Free Report) last announced its earnings results on Tuesday, March 4th. The company reported GBX 25.30 ($0.34) EPS for the quarter. Reach had a return on equity of 6.35% and a net margin of 7.49%. On average, research analysts expect that Reach will post 27.2482394 EPS for the current year.
Insider Buying and Selling
In related news, insider Darren Fisher sold 84,119 shares of the stock in a transaction on Thursday, April 10th. The stock was sold at an average price of GBX 68 ($0.90), for a total value of £57,200.92 ($75,923.71). 5.21% of the stock is owned by insiders.
Reach Company Profile
(
Get Free Report)
Reach plc is the UK's and Ireland's largest commercial news publisher. It is home to over 120 trusted brands, from national titles like the Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News.
With a purpose to enlighten, empower and entertain through brilliant journalism, these brands deliver the latest news, entertainment and sport to communities throughout the UK and Ireland and around the world every day.
Read More
Before you consider Reach, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Reach wasn't on the list.
While Reach currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
