SThree plc (LON:STEM) Increases Dividend to GBX 9.20 Per Share

SThree plc (LON:STEM - Get Free Report) announced a dividend on Tuesday, January 28th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 9.20 ($0.12) per share on Friday, June 6th. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 80.4% increase from SThree's previous dividend of $5.10. The official announcement can be seen at this link.

SThree Stock Performance

Shares of STEM opened at GBX 241.50 ($3.21) on Tuesday. SThree has a 52-week low of GBX 220.50 ($2.93) and a 52-week high of GBX 457.50 ($6.08). The stock's 50-day simple moving average is GBX 250.54 and its 200 day simple moving average is GBX 287.40. The company has a debt-to-equity ratio of 16.03, a quick ratio of 1.69 and a current ratio of 1.98. The stock has a market capitalization of £315.24 million, a price-to-earnings ratio of 6.39, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 390 ($5.18) price target on shares of SThree in a report on Tuesday, January 28th.

Insiders Place Their Bets

In other news, insider Timo Lehne sold 10,964 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of GBX 250 ($3.32), for a total value of £27,410 ($36,434.93). Also, insider Andrew Beach acquired 13,886 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were bought at an average cost of GBX 260 ($3.46) per share, with a total value of £36,103.60 ($47,990.96). Insiders have acquired 13,954 shares of company stock worth $3,627,518 in the last ninety days. 6.23% of the stock is currently owned by insiders.

SThree Company Profile

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With more than 38 years of experience in pure-play STEM and a global team of 2,700+ people each with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.

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