Stock Spirits Group PLC (LON:STCK) Announces Dividend Increase – €0.06 Per Share

Stock Spirits Group PLC (LON:STCK) announced a dividend on Wednesday, December 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 30th will be paid a dividend of €0.06 ($0.07) per share on Friday, February 21st. This represents a dividend yield of 2.59%. The ex-dividend date is Thursday, January 30th. This is an increase from Stock Spirits Group’s previous dividend of $0.03. The official announcement can be viewed at this link.

Shares of LON STCK traded up GBX 17.60 ($0.23) during trading on Wednesday, reaching GBX 206 ($2.69). 1,286,567 shares of the company traded hands, compared to its average volume of 218,778. The firm has a 50 day simple moving average of GBX 201.74 and a 200-day simple moving average of GBX 221.32. The company has a quick ratio of 1.37, a current ratio of 1.62 and a debt-to-equity ratio of 29.10. The stock has a market capitalization of $412.00 million and a PE ratio of 13.73. Stock Spirits Group has a 52-week low of GBX 188 ($2.46) and a 52-week high of GBX 241 ($3.15).

A number of analysts have recently issued reports on STCK shares. Berenberg Bank dropped their price target on shares of Stock Spirits Group from GBX 340 ($4.44) to GBX 269 ($3.51) and set a “buy” rating on the stock in a report on Friday, November 29th. Shore Capital started coverage on shares of Stock Spirits Group in a report on Friday, November 29th. They set a “buy” rating and a GBX 280 ($3.66) price target on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 281.80 ($3.68).

About Stock Spirits Group

Stock Spirits Group PLC produces and distributes branded spirits in Central and Eastern Europe. It offers a range of spirits, including vodka, vodka-based liqueurs, rum, brandy, wines, whisky, gin, herbal bitters, and limoncello. Its primary brands include 1906, Amundsen, Amundsen Expedition, Balsam Bialy, Božkov Vodka, Keglevich Dry, Lubelska Biala Trzy Zboza, Nordic Ice Vodka, Orkisz, Pražská Vodka, Saska, Silver, Spiritis, Stock Prestige, Vodka No.1, Wódka Zubr, and Zoladkowa de Luxe.

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Dividend History for Stock Spirits Group (LON:STCK)

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