IDOX plc (IDOX) To Go Ex-Dividend on April 3rd

IDOX plc (LON:IDOX) announced a dividend on Tuesday, January 28th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be given a dividend of GBX 0.70 ($0.01) per share on Thursday, April 17th. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 16.7% increase from IDOX’s previous dividend of $0.60. The official announcement can be viewed at this link.

IDOX Trading Down 0.9 %

Shares of IDOX stock opened at GBX 57.50 ($0.74) on Tuesday. The company has a market capitalization of £262.94 million, a PE ratio of 47.46, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. The firm has a 50 day moving average price of GBX 59.48 and a two-hundred day moving average price of GBX 60.78. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 30.03. IDOX has a 12-month low of GBX 53.31 ($0.69) and a 12-month high of GBX 69 ($0.89).

IDOX (LON:IDOX) last posted its quarterly earnings data on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) earnings per share for the quarter. IDOX had a return on equity of 7.18% and a net margin of 6.82%. As a group, analysts predict that IDOX will post 2.7173913 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on IDOX shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 90 ($1.16) price target on shares of IDOX in a research report on Friday, March 14th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 81 ($1.05) target price on shares of IDOX in a report on Tuesday, January 28th.

About IDOX

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.