STV Group plc (LON:STVG) Announces Dividend Increase – GBX 7.40 Per Share

STV Group plc (LON:STVG) declared a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 7.40 ($0.10) per share on Friday, May 30th. This represents a yield of 4.5%. The ex-dividend date is Thursday, April 17th. This is a 89.7% increase from STV Group’s previous dividend of $3.90. The official announcement can be viewed at this link.

STV Group Trading Up 0.8 %

LON:STVG opened at GBX 164.23 ($2.17) on Tuesday. STV Group has a 1 year low of GBX 140 ($1.85) and a 1 year high of GBX 297 ($3.92). The stock’s fifty day moving average price is GBX 174.95 and its two-hundred day moving average price is GBX 204.68. The company has a debt-to-equity ratio of -14,440.00, a current ratio of 1.51 and a quick ratio of 1.09. The company has a market cap of £76.73 million, a P/E ratio of 11.21 and a beta of 0.09.

STV Group (LON:STVG) last issued its earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.38) EPS for the quarter. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%. As a group, analysts expect that STV Group will post 30.3860523 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a report on Tuesday, March 11th.

STV Group Company Profile

STV is Scotland’s home of news, entertainment and drama, serving audiences with quality content on air, online and on demand.

STV’s broadcast channel reaches 2.8 million viewers each month, while rapidly growing, free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.