Synectics plc (LON:SNX) Raises Dividend to GBX 2.50 Per Share

Synectics plc (LON:SNX - Get Free Report) announced a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, May 16th. This represents a yield of 0.79%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 25.0% increase from Synectics's previous dividend of $2.00. The official announcement can be seen at this link.

Synectics Trading Down 1.5 %

Synectics stock traded down GBX 5 ($0.07) during trading hours on Friday, reaching GBX 335 ($4.46). The company had a trading volume of 99,101 shares, compared to its average volume of 62,212. The company has a debt-to-equity ratio of 4.04, a current ratio of 2.02 and a quick ratio of 1.42. Synectics has a 12-month low of GBX 161 ($2.14) and a 12-month high of GBX 372 ($4.95). The company has a 50-day moving average price of GBX 311.81 and a 200 day moving average price of GBX 316.47. The firm has a market cap of £55.02 million, a price-to-earnings ratio of 18.65 and a beta of 0.69.

Synectics (LON:SNX - Get Free Report) last issued its earnings results on Tuesday, March 4th. The company reported GBX 21.60 ($0.29) EPS for the quarter. Synectics had a net margin of 5.63% and a return on equity of 7.67%. Equities analysts forecast that Synectics will post 1560.0001173 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Synectics in a research note on Monday, March 31st.

About Synectics

Synectics is a global leader in the design, integration, and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets. Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space, custodial and critical infrastructure projects.