Kitwave Group plc Declares Dividend of GBX 3.85 (LON:KITW)

Kitwave Group plc (LON:KITW) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, July 11th will be paid a dividend of GBX 3.85 ($0.05) per share on Friday, August 2nd. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, July 11th. The official announcement can be viewed at this link.

Kitwave Group Price Performance

Shares of KITW opened at GBX 312.13 ($3.95) on Tuesday. The company has a debt-to-equity ratio of 69.96, a quick ratio of 0.65 and a current ratio of 1.29. The firm has a market cap of £218.83 million, a PE ratio of 1,208.31 and a beta of 0.85. The firm’s 50 day moving average price is GBX 364.93 and its 200 day moving average price is GBX 325.87. Kitwave Group has a twelve month low of GBX 236.40 ($2.99) and a twelve month high of GBX 409.50 ($5.18).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 455 ($5.76) price objective on shares of Kitwave Group in a report on Tuesday.

Kitwave Group Company Profile

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers.