Informa Plc (INF) Declares GBX 6.80 Dividend

Informa Plc (LON:INF) announced a dividend on Thursday, July 28th. Stockholders of record on Thursday, August 11th will be given a dividend of GBX 6.80 ($0.09) per share on Friday, September 9th. This represents a dividend yield of 0.93%. The ex-dividend date is Thursday, August 11th. The official announcement can be seen at this link.

In other Informa Plc news, insider Owers,Helen purchased 1,000 shares of Informa Plc stock in a transaction on Thursday, June 23rd. The stock was bought at an average price of GBX 668 ($8.86) per share, for a total transaction of £6,680 ($8,858.24). Also, insider Carter,Stephen A purchased 268 shares of Informa Plc stock in a transaction on Wednesday, June 8th. The shares were acquired at an average price of GBX 670 ($8.88) per share, with a total value of £1,795.60 ($2,381.12).

Informa Plc (LON:INF) traded down 2.86% during mid-day trading on Thursday, hitting GBX 729.50. The company had a trading volume of 2,853,527 shares. The company’s market cap is GBX 4.73 billion. Informa Plc has a one year low of GBX 533.50 and a one year high of GBX 762.00. The company’s 50 day moving average price is GBX 704.09 and its 200-day moving average price is GBX 674.47.

Several equities research analysts have recently commented on the company. Societe Generale restated a “buy” rating and set a GBX 780 ($10.34) price target on shares of Informa Plc in a research note on Friday, May 20th. Deutsche Bank AG upped their price target on Informa Plc from GBX 680 ($9.02) to GBX 730 ($9.68) and gave the stock a “buy” rating in a research note on Friday, May 20th. Numis Securities Ltd restated a “buy” rating and set a GBX 770 ($10.21) price target on shares of Informa Plc in a research note on Thursday, May 19th. Goldman Sachs Group Inc. cut their price target on Informa Plc from GBX 840 ($11.14) to GBX 839 ($11.13) and set a “buy” rating for the company in a research note on Tuesday, May 3rd. Finally, Panmure Gordon upped their price target on Informa Plc from GBX 750 ($9.95) to GBX 825 ($10.94) and gave the stock a “buy” rating in a research note on Tuesday, July 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. Informa Plc has a consensus rating of “Hold” and a consensus price target of GBX 735.61 ($9.75).

Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.