Alpha Group International plc (LON:ALPH) Raises Dividend to GBX 14 Per Share

Alpha Group International plc (LON:ALPH) announced a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 14 ($0.18) per share on Friday, May 23rd. This represents a yield of 0.56%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 233.3% increase from Alpha Group International’s previous dividend of $4.20. The official announcement can be accessed at this link.

Alpha Group International Stock Performance

Shares of LON:ALPH opened at GBX 2,480 ($32.16) on Friday. Alpha Group International has a 52 week low of GBX 1,780 ($23.08) and a 52 week high of GBX 2,830 ($36.70). The company has a market capitalization of £1.04 billion, a PE ratio of 11.06 and a beta of 1.71. The company has a 50 day moving average price of GBX 2,494.13 and a two-hundred day moving average price of GBX 2,321.76.

Alpha Group International (LON:ALPH) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 86.40 ($1.12) earnings per share (EPS) for the quarter. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%. On average, sell-side analysts forecast that Alpha Group International will post 94.7462955 earnings per share for the current year.

Insider Transactions at Alpha Group International

In related news, insider Jayne-Anne Gadhia sold 11,504 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of GBX 2,521 ($32.69), for a total transaction of £290,015.84 ($376,057.88). 24.00% of the stock is owned by insiders.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.