TT Electronics plc Plans Dividend of GBX 2.25 (LON:TTG)

TT Electronics plc (LON:TTG) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 12th will be given a dividend of GBX 2.25 ($0.03) per share on Tuesday, October 15th. This represents a yield of 1.62%. The ex-dividend date is Thursday, September 12th. The official announcement can be viewed at this link.

TT Electronics Stock Performance

TT Electronics stock opened at GBX 147.70 ($1.93) on Tuesday. TT Electronics has a fifty-two week low of GBX 133.60 ($1.75) and a fifty-two week high of GBX 184 ($2.41). The firm’s 50 day simple moving average is GBX 152.09 and its 200-day simple moving average is GBX 155. The company has a debt-to-equity ratio of 71.97, a current ratio of 2.26 and a quick ratio of 0.93. The company has a market cap of £261.77 million, a P/E ratio of -2,100.00, a price-to-earnings-growth ratio of 0.60 and a beta of 0.91.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 260 ($3.40) price objective on shares of TT Electronics in a research report on Monday, August 19th.

About TT Electronics

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.