WPP plc (LON:WPP) Declares Dividend of GBX 24.40

WPP plc (LON:WPP - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, June 5th will be paid a dividend of GBX 24.40 ($0.33) per share on Friday, July 4th. This represents a dividend yield of 3.91%. The ex-dividend date is Thursday, June 5th. This is a 62.7% increase from WPP's previous dividend of $15.00. The official announcement can be seen at this link.

WPP Price Performance

LON:WPP traded down GBX 3.80 ($0.05) during trading hours on Wednesday, hitting GBX 581.40 ($7.88). 3,166,258 shares of the company's stock traded hands, compared to its average volume of 9,652,061. WPP has a 52 week low of GBX 490.60 ($6.65) and a 52 week high of GBX 903 ($12.24). The business's fifty day simple moving average is GBX 569.26 and its two-hundred day simple moving average is GBX 695.06. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67. The firm has a market cap of £6.27 billion, a P/E ratio of 30.71, a P/E/G ratio of 13.47 and a beta of 1.13.

Insider Buying and Selling at WPP

In other WPP news, insider Andrew Scott sold 50,492 shares of WPP stock in a transaction dated Friday, March 14th. The stock was sold at an average price of GBX 634 ($8.59), for a total transaction of £320,119.28 ($433,824.75). Also, insider Joanne Wilson sold 23,371 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of GBX 640 ($8.67), for a total value of £149,574.40 ($202,702.81). Insiders own 0.22% of the company's stock.

WPP Company Profile

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities. At WPP we're reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.