Synectics plc (LON:SNX) Increases Dividend to GBX 2.50 Per Share

Synectics plc (LON:SNX) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, May 16th. This represents a dividend yield of 0.79%. The ex-dividend date is Thursday, April 24th. This is a 25.0% increase from Synectics’s previous dividend of $2.00. The official announcement can be accessed at this link.

Synectics Stock Performance

Synectics stock opened at GBX 326 ($4.36) on Tuesday. Synectics has a 1-year low of GBX 161 ($2.15) and a 1-year high of GBX 372 ($4.98). The company has a debt-to-equity ratio of 4.04, a current ratio of 2.02 and a quick ratio of 1.42. The stock has a market cap of £53.55 million, a price-to-earnings ratio of 18.14 and a beta of 0.69. The firm has a 50 day simple moving average of GBX 313.42 and a 200-day simple moving average of GBX 315.11.

Synectics (LON:SNX) last released its earnings results on Tuesday, March 4th. The company reported GBX 21.60 ($0.29) earnings per share for the quarter. Synectics had a return on equity of 7.67% and a net margin of 5.63%. On average, analysts expect that Synectics will post 1560.0001173 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Synectics in a research report on Monday, March 31st.

Synectics Company Profile

Synectics is a global leader in the design, integration, and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets. Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space, custodial and critical infrastructure projects.