Volution Group PLC (FAN) Plans Dividend of GBX 1.35

Volution Group PLC (LON:FAN) declared a dividend on Monday, March 20th. Investors of record on Thursday, March 30th will be given a dividend of GBX 1.35 ($0.02) per share on Thursday, May 4th. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, March 30th. The official announcement can be viewed at this link.

Volution Group PLC (LON:FAN) opened at 184.00 on Tuesday. Volution Group PLC has a 52-week low of GBX 133.00 and a 52-week high of GBX 193.00. The stock’s market cap is GBX 366.31 million. The company’s 50 day moving average is GBX 179.75 and its 200-day moving average is GBX 167.93.

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A number of brokerages have issued reports on FAN. Liberum Capital lifted their target price on shares of Volution Group PLC from GBX 206 ($2.54) to GBX 220 ($2.72) and gave the stock a “buy” rating in a research report on Monday. Berenberg Bank restated a “buy” rating and set a GBX 215 ($2.66) target price on shares of Volution Group PLC in a research report on Thursday, February 9th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 205 ($2.53) target price on shares of Volution Group PLC in a research report on Monday, December 19th.

Volution Group PLC Company Profile

Volution Group plc is a United Kingdom-based company, which is a supplier of ventilation products to the residential and commercial construction markets in the United Kingdom and northern Europe. The Company is principally engaged in designing, manufacturing and distribution of unitary and systems ventilation products and equipment.

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