Nexteq plc (LON:NXQ) Announces Dividend Increase – GBX 3.70 Per Share

Nexteq plc (LON:NXQ) announced a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 3.70 ($0.05) per share on Friday, May 30th. This represents a yield of 5.69%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 12.1% increase from Nexteq’s previous dividend of $3.30. The official announcement can be viewed at this link.

Nexteq Stock Up 1.5 %

Shares of LON:NXQ opened at GBX 66 ($0.86) on Friday. Nexteq has a 52-week low of GBX 61 ($0.79) and a 52-week high of GBX 160 ($2.07). The company has a 50 day moving average of GBX 69.20 and a two-hundred day moving average of GBX 76.04. The company has a market capitalization of £49.79 million, a price-to-earnings ratio of 5.23 and a beta of 1.36.

About Nexteq

Nexteq (AIM: NXQ) (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group’s specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.