AB Dynamics plc (LON:ABDP) to Issue Dividend Increase – GBX 5.30 Per Share

AB Dynamics plc (LON:ABDP) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 5.30 ($0.07) per share on Friday, January 31st. This represents a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, January 16th. This is a positive change from AB Dynamics’s previous dividend of $2.33. The official announcement can be accessed at this link.

AB Dynamics Price Performance

Shares of LON ABDP opened at GBX 2,062 ($25.92) on Wednesday. The company has a 50 day moving average of GBX 1,886.20 and a 200 day moving average of GBX 1,976.86. The company has a quick ratio of 2.10, a current ratio of 2.20 and a debt-to-equity ratio of 2.18. AB Dynamics has a twelve month low of GBX 1,610 ($20.24) and a twelve month high of GBX 2,462 ($30.95). The firm has a market cap of £473.23 million, a P/E ratio of 3,525.42, a PEG ratio of 1.74 and a beta of 0.72.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of AB Dynamics in a report on Thursday, September 26th.

AB Dynamics Company Profile

AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.