iomart Group plc Plans Dividend of GBX 1.30 (LON:IOM)

iomart Group plc (LON:IOM) declared a dividend on Thursday, November 27th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, January 31st. This represents a yield of 1.38%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be accessed at this link.

iomart Group Price Performance

iomart Group stock opened at GBX 79.25 ($0.99) on Tuesday. The company has a market capitalization of £89.08 million, a PE ratio of 1,320.83 and a beta of 0.58. The stock has a 50-day moving average price of GBX 86.99 and a two-hundred day moving average price of GBX 105.85. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 47.08. iomart Group has a 12 month low of GBX 71 ($0.89) and a 12 month high of GBX 159.80 ($2.00).

Insider Activity at iomart Group

In other iomart Group news, insider Annette Nabavi acquired 5,500 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average price of GBX 91 ($1.14) per share, with a total value of £5,005 ($6,261.73). 23.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of iomart Group in a research note on Wednesday, December 4th.

About iomart Group

iomart Group plc (AIM: IOM) is one of the UK’s leading provider of secure cloud managed services, simplifying the complexities of modern technology for businesses. Our team of 650+ experts deliver cutting-edge solutions in cloud infrastructure, modern workplace management, and managed security services that enable our customers to innovate, protect, and scale their businesses.

We proudly hold one of the UK’s most extensive sets of Microsoft credentials, including Azure Expert MSP, five Solution Partner Designations, and membership in Microsoft’s Intelligent Security Association (MISA).