QinetiQ Group plc (LON:QQ) Announces GBX 2.80 Dividend

QinetiQ Group plc (LON:QQ) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 2.80 ($0.04) per share on Friday, February 7th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, January 9th. The official announcement can be viewed at this link.

QinetiQ Group Stock Down 9.2 %

QQ stock opened at GBX 423.20 ($5.45) on Friday. The firm’s fifty day simple moving average is GBX 457.31 and its 200-day simple moving average is GBX 441.94. The company has a market capitalization of £2.39 billion, a P/E ratio of 1,941.67, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. The company has a debt-to-equity ratio of 42.47, a current ratio of 1.15 and a quick ratio of 1.15. QinetiQ Group has a 12 month low of GBX 292.20 ($3.76) and a 12 month high of GBX 491 ($6.32).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($5.89).

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.