International Distributions Services plc (LON:IDS) Declares Dividend of GBX 2

International Distributions Services plc (LON:IDS) announced a dividend on Friday, May 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 2 ($0.03) per share on Monday, September 30th. This represents a yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be viewed at this link.

International Distributions Services Trading Up 1.6 %

LON IDS traded up GBX 5 ($0.06) on Friday, hitting GBX 319.80 ($4.06). 2,378,050 shares of the stock were exchanged, compared to its average volume of 1,927,814. The company has a debt-to-equity ratio of 99.90, a quick ratio of 1.02 and a current ratio of 1.03. The stock has a fifty day moving average price of GBX 261.46 and a two-hundred day moving average price of GBX 258.45. The firm has a market capitalization of £3.06 billion, a P/E ratio of -304.57, a P/E/G ratio of 0.90 and a beta of 1.52. International Distributions Services has a 52-week low of GBX 191.20 ($2.43) and a 52-week high of GBX 335 ($4.26).

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of International Distributions Services from GBX 160 ($2.03) to GBX 268 ($3.41) and gave the stock a “hold” rating in a research note on Thursday, April 18th. Barclays reissued a “suspended” rating on shares of International Distributions Services in a research note on Thursday, April 18th.

International Distributions Services Company Profile

International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.