Supreme Plc (LON:SUP – Get Free Report) fell 7.6% during trading on Thursday . The stock traded as low as GBX 175.50 ($2.31) and last traded at GBX 175.50 ($2.31). 281,804 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 180,782 shares. The stock had previously closed at GBX 190 ($2.51).
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Supreme in a report on Tuesday, July 2nd.
Supreme Stock Performance
Supreme Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, September 24th. Shareholders of record on Thursday, August 22nd will be paid a dividend of GBX 3.20 ($0.04) per share. This is a boost from Supreme’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a yield of 1.79%. Supreme’s dividend payout ratio (DPR) is presently 2,777.78%.
Supreme Company Profile
Supreme Plc supplies and distributes a range of consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally. It operates through Batteries; Lighting; Vaping; Sports Nutrition & Wellness; and Other Consumer Goods segments. The company offers consumer batteries; lighting, energy-saving bulbs, private label lighting, LED light fittings, lamps and light fittings, and point of sale display solutions; sports nutrition and wellness products; and smart home LED technology solutions.
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