Alpha Group International plc (LON:ALPH) Plans Dividend Increase – GBX 14 Per Share

Alpha Group International plc (LON:ALPH) declared a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 14 ($0.18) per share on Friday, May 23rd. This represents a dividend yield of 0.56%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 233.3% increase from Alpha Group International’s previous dividend of $4.20. The official announcement can be viewed at this link.

Alpha Group International Stock Performance

Shares of ALPH stock opened at GBX 2,480 ($32.16) on Friday. Alpha Group International has a 1 year low of GBX 1,780 ($23.08) and a 1 year high of GBX 2,830 ($36.70). The firm’s 50 day moving average is GBX 2,494.13 and its 200-day moving average is GBX 2,321.76. The firm has a market capitalization of £1.04 billion, a price-to-earnings ratio of 11.06 and a beta of 1.71.

Alpha Group International (LON:ALPH) last announced its earnings results on Thursday, March 20th. The company reported GBX 86.40 ($1.12) earnings per share (EPS) for the quarter. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%. On average, equities research analysts forecast that Alpha Group International will post 94.7462955 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jayne-Anne Gadhia sold 11,504 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of GBX 2,521 ($32.69), for a total transaction of £290,015.84 ($376,057.88). 24.00% of the stock is currently owned by insiders.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.