SThree plc (LON:STEM) Raises Dividend to GBX 11.60 Per Share

SThree plc (LON:STEM) declared a dividend on Tuesday, January 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be given a dividend of GBX 11.60 ($0.15) per share on Friday, June 7th. This represents a dividend yield of 2.91%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from SThree’s previous dividend of $5.00. The official announcement can be viewed at this link.

SThree Stock Up 0.1 %

LON STEM opened at GBX 435.86 ($5.48) on Wednesday. The company has a current ratio of 1.87, a quick ratio of 1.69 and a debt-to-equity ratio of 13.02. SThree has a 1-year low of GBX 325 ($4.08) and a 1-year high of GBX 447 ($5.62). The company has a market cap of £579.48 million, a price-to-earnings ratio of 1,071.95, a PEG ratio of 0.75 and a beta of 0.96. The company has a 50 day moving average of GBX 426.76 and a 200-day moving average of GBX 410.53.

Insiders Place Their Bets

In other news, insider Timo Lehne sold 31,017 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of GBX 434 ($5.45), for a total transaction of £134,613.78 ($169,112.79). Insiders have acquired 85 shares of company stock valued at $36,142 in the last ninety days. 6.25% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank started coverage on SThree in a research report on Monday, February 5th. They set a “buy” rating and a GBX 550 ($6.91) price objective for the company.

SThree Company Profile

SThree plc provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan. The company offers recruitment services for permanent and contract roles, as well as support services.