DCC plc (LON:DCC) Increases Dividend to GBX 133.53 Per Share

DCC plc (LON:DCC) declared a dividend on Tuesday, May 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be given a dividend of GBX 133.53 ($1.70) per share on Thursday, July 18th. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from DCC’s previous dividend of $63.04. The official announcement can be accessed at this link.

DCC Trading Down 1.4 %

DCC opened at GBX 5,755 ($73.14) on Wednesday. The stock has a market capitalization of £5.69 billion, a PE ratio of 1,768.18, a P/E/G ratio of 4.37 and a beta of 0.74. The firm’s fifty day moving average price is GBX 5,649.98 and its 200 day moving average price is GBX 5,592.46. The company has a debt-to-equity ratio of 73.97, a current ratio of 1.18 and a quick ratio of 0.89. DCC has a 12-month low of GBX 4,145 ($52.68) and a 12-month high of GBX 6,075 ($77.21).

Analyst Ratings Changes

Several research firms recently issued reports on DCC. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 7,000 ($88.97) price target on shares of DCC in a report on Tuesday, May 7th. Royal Bank of Canada increased their target price on shares of DCC from GBX 5,700 ($72.45) to GBX 5,800 ($73.72) and gave the stock a “sector perform” rating in a report on Wednesday, May 15th.

DCC Company Profile

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.