Focusrite plc (TUNE) to Issue Dividend of GBX 2.10 on June 10th

Focusrite plc (LON:TUNE) declared a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 2.10 ($0.03) per share on Monday, June 10th. This represents a yield of 0.57%. The ex-dividend date is Thursday, May 9th. The official announcement can be seen at this link.

Focusrite Price Performance

Shares of LON:TUNE opened at GBX 360 ($4.45) on Friday. The company has a debt-to-equity ratio of 29.80, a current ratio of 1.57 and a quick ratio of 0.77. Focusrite has a 1-year low of GBX 245 ($3.03) and a 1-year high of GBX 610 ($7.53). The company has a market capitalization of £210.92 million, a P/E ratio of 1,200.00, a P/E/G ratio of 2.95 and a beta of 1.10. The firm’s 50 day simple moving average is GBX 367.57 and its two-hundred day simple moving average is GBX 453.28.

Insider Buying and Selling at Focusrite

In other news, insider Sally McKone purchased 6,900 shares of the stock in a transaction on Tuesday, March 19th. The shares were acquired at an average price of GBX 292 ($3.61) per share, with a total value of £20,148 ($24,886.36). In related news, insider Timothy Paul Carrol bought 3,386 shares of the stock in a transaction dated Thursday, March 21st. The shares were purchased at an average price of GBX 295 ($3.64) per share, with a total value of £9,988.70 ($12,337.82). Also, insider Sally McKone bought 6,900 shares of the stock in a transaction dated Tuesday, March 19th. The stock was bought at an average cost of GBX 292 ($3.61) per share, for a total transaction of £20,148 ($24,886.36). Insiders own 37.01% of the company’s stock.

Focusrite Company Profile

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.