ITV plc (LON:ITV) Announces Dividend of GBX 1.70

ITV plc (LON:ITV) declared a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 17th will be given a dividend of GBX 1.70 ($0.02) per share by the broadcaster on Tuesday, November 26th. This represents a yield of 2.02%. The ex-dividend date is Thursday, October 17th. The official announcement can be accessed at this link.

ITV Stock Down 1.4 %

Shares of LON:ITV opened at GBX 79.95 ($1.03) on Friday. The company’s fifty day moving average is GBX 80.03 and its 200-day moving average is GBX 71.19. The company has a debt-to-equity ratio of 48.85, a quick ratio of 0.83 and a current ratio of 1.55. ITV has a 52 week low of GBX 55.49 ($0.72) and a 52 week high of GBX 89 ($1.15). The company has a market capitalization of £3.17 billion, a PE ratio of 1,601.00, a P/E/G ratio of -0.53 and a beta of 1.45.

Insider Activity

In related news, insider Graham Cooke purchased 16,996 shares of ITV stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average price of GBX 70 ($0.91) per share, for a total transaction of £11,897.20 ($15,386.96). 10.39% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ITV has been the topic of a number of recent analyst reports. Shore Capital restated a “buy” rating on shares of ITV in a research report on Thursday. Citigroup reissued a “buy” rating and issued a GBX 110 ($1.42) target price on shares of ITV in a report on Thursday, June 6th.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.