International Distributions Services plc (LON:IDS – Get Free Report)’s stock price was up 0.2% on Wednesday . The company traded as high as GBX 338.20 ($4.39) and last traded at GBX 336 ($4.36). Approximately 2,184,594 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 2,328,365 shares. The stock had previously closed at GBX 335.20 ($4.35).
Wall Street Analyst Weigh In
IDS has been the subject of a number of recent research reports. Barclays reiterated a “suspended” rating on shares of International Distributions Services in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of International Distributions Services from GBX 160 ($2.07) to GBX 268 ($3.48) and gave the stock a “hold” rating in a research note on Thursday, April 18th.
View Our Latest Stock Report on International Distributions Services
International Distributions Services Price Performance
International Distributions Services Announces Dividend
The firm also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, August 22nd will be given a GBX 2 ($0.03) dividend. This represents a yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 22nd. International Distributions Services’s dividend payout ratio is presently 3,333.33%.
International Distributions Services Company Profile
International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.
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