IG Group Holdings plc Announces Dividend of $0.60 (OTCMKTS:IGGHY)

IG Group Holdings plc (OTCMKTS:IGGHY) announced a dividend on Friday, September 17th, investing.com reports. Stockholders of record on Friday, September 24th will be paid a dividend of 0.598 per share on Thursday, October 28th. This represents a dividend yield of 5.06%. The ex-dividend date is Thursday, September 23rd.

Shares of IG Group stock opened at $11.85 on Wednesday. The firm has a fifty day simple moving average of $12.35 and a 200-day simple moving average of $12.39. IG Group has a 1-year low of $10.02 and a 1-year high of $14.07.

IGGHY has been the subject of several research analyst reports. Barclays initiated coverage on shares of IG Group in a research note on Tuesday, June 29th. They set an “overweight” rating for the company. Royal Bank of Canada restated an “outperform” rating on shares of IG Group in a research note on Friday, August 6th. Finally, Jefferies Financial Group started coverage on shares of IG Group in a research note on Wednesday, July 7th. They issued a “buy” rating for the company.

IG Group Company Profile

IG Group Holdings Plc engages in the provision of an online trading platform. It offers access to financial markets including shares, indices, foreign exchange, commodities, and binaries. The company was founded in 1974 and is headquartered in London, the United Kingdom.

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