Redcentric plc (LON:RCN) Announces Dividend Increase – GBX 2.40 Per Share

Redcentric plc (LON:RCN) declared a dividend on Thursday, August 15th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 12th will be paid a dividend of GBX 2.40 ($0.03) per share on Friday, January 24th. This represents a yield of 1.83%. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from Redcentric’s previous dividend of $1.20. The official announcement can be accessed at this link.

Redcentric Trading Down 1.6 %

Shares of Redcentric stock opened at GBX 119.50 ($1.52) on Tuesday. The stock has a market cap of £189.59 million, a P/E ratio of -5,975.00 and a beta of 0.13. The company has a quick ratio of 0.34, a current ratio of 0.77 and a debt-to-equity ratio of 138.57. Redcentric has a 12-month low of GBX 104 ($1.33) and a 12-month high of GBX 161.50 ($2.06). The business’s 50 day moving average is GBX 120.05 and its 200-day moving average is GBX 131.41.

About Redcentric

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.