Fevertree Drinks PLC (LON:FEVR) Increases Dividend to GBX 11.12 Per Share

Fevertree Drinks PLC (LON:FEVR) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 11.12 ($0.14) per share on Friday, June 20th. This represents a dividend yield of 1.43%. The ex-dividend date is Thursday, May 15th. This is a 90.1% increase from Fevertree Drinks’s previous dividend of $5.85. The official announcement can be seen at this link.

Fevertree Drinks Stock Performance

FEVR traded up GBX 10.79 ($0.14) on Wednesday, reaching GBX 788.79 ($10.21). The company had a trading volume of 746,759 shares, compared to its average volume of 835,871. The company’s fifty day moving average is GBX 711.10 and its 200 day moving average is GBX 722.85. The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11. The stock has a market cap of £1.01 billion, a P/E ratio of 41.99, a P/E/G ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a fifty-two week low of GBX 608.50 ($7.88) and a fifty-two week high of GBX 1,220 ($15.79).

Fevertree Drinks (LON:FEVR) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 28.01 ($0.36) EPS for the quarter. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%. As a group, analysts predict that Fevertree Drinks will post 38.3184173 earnings per share for the current fiscal year.

Insider Transactions at Fevertree Drinks

In other Fevertree Drinks news, insider Andrew Branchflower bought 31,688 shares of Fevertree Drinks stock in a transaction dated Thursday, January 30th. The shares were purchased at an average cost of GBX 785 ($10.16) per share, for a total transaction of £248,750.80 ($322,049.20). Insiders own 10.56% of the company’s stock.

About Fevertree Drinks

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.