Fevertree Drinks PLC (LON:FEVR) Plans Dividend Increase – GBX 11.12 Per Share

Fevertree Drinks PLC (LON:FEVR) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Investors of record on Thursday, May 15th will be paid a dividend of GBX 11.12 ($0.14) per share on Friday, June 20th. This represents a dividend yield of 1.43%. The ex-dividend date is Thursday, May 15th. This is a 90.1% increase from Fevertree Drinks’s previous dividend of $5.85. The official announcement can be viewed at this link.

Fevertree Drinks Stock Up 1.2 %

LON:FEVR traded up GBX 9 ($0.12) during trading hours on Wednesday, hitting GBX 787 ($10.19). 748,164 shares of the company traded hands, compared to its average volume of 835,894. The company has a market cap of £1.00 billion, a PE ratio of 41.89, a PEG ratio of -4.51 and a beta of 1.07. The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 1.50. The firm’s 50-day simple moving average is GBX 711.10 and its 200-day simple moving average is GBX 722.85. Fevertree Drinks has a one year low of GBX 608.50 ($7.88) and a one year high of GBX 1,220 ($15.79).

Fevertree Drinks (LON:FEVR) last issued its quarterly earnings data on Tuesday, March 25th. The company reported GBX 28.01 ($0.36) earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%. Equities analysts predict that Fevertree Drinks will post 38.3184173 earnings per share for the current year.

Insider Activity at Fevertree Drinks

In other Fevertree Drinks news, insider Andrew Branchflower bought 31,688 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were acquired at an average cost of GBX 785 ($10.16) per share, for a total transaction of £248,750.80 ($322,049.20). 10.56% of the stock is owned by corporate insiders.

About Fevertree Drinks

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.