Centrica plc (LON:CNA) Announces GBX 1.50 Dividend

Centrica plc (LON:CNA) declared a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 1.50 ($0.02) per share by the integrated energy company on Thursday, November 14th. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, October 3rd. The official announcement can be seen at this link.

Centrica Trading Up 0.4 %

LON:CNA opened at GBX 117.05 ($1.57) on Wednesday. Centrica has a one year low of GBX 115.80 ($1.55) and a one year high of GBX 165.15 ($2.21). The company’s 50-day simple moving average is GBX 125.64 and its 200 day simple moving average is GBX 131.09. The firm has a market capitalization of £6.09 billion, a P/E ratio of 530.00, a PEG ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 61.65, a current ratio of 1.77 and a quick ratio of 0.40.

Insider Buying and Selling at Centrica

In related news, insider Kevin O’Byrne purchased 110,000 shares of Centrica stock in a transaction dated Friday, July 26th. The stock was purchased at an average cost of GBX 131 ($1.75) per share, for a total transaction of £144,100 ($192,750.13). In other news, insider Kevin O’Byrne bought 110,000 shares of the stock in a transaction on Friday, July 26th. The shares were bought at an average price of GBX 131 ($1.75) per share, with a total value of £144,100 ($192,750.13). Also, insider Amber Rudd purchased 1,668 shares of Centrica stock in a transaction dated Wednesday, September 25th. The shares were acquired at an average cost of GBX 119 ($1.59) per share, with a total value of £1,984.92 ($2,655.06). In the last three months, insiders have acquired 113,456 shares of company stock worth $14,836,853. Insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CNA. Berenberg Bank raised Centrica to a “buy” rating and raised their price objective for the company from GBX 130 ($1.74) to GBX 155 ($2.07) in a research report on Friday, June 28th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a research report on Friday, July 5th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 171.25 ($2.29).

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.