iomart Group plc to Issue Dividend of GBX 1.30 (LON:IOM)

iomart Group plc (LON:IOM) declared a dividend on Wednesday, November 27th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, January 31st. This represents a yield of 1.38%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be viewed at this link.

iomart Group Stock Performance

Shares of iomart Group stock remained flat at GBX 94 ($1.18) on Wednesday. 66,764 shares of the stock were exchanged, compared to its average volume of 197,276. The stock’s 50-day moving average price is GBX 96.14 and its 200 day moving average price is GBX 117.44. The stock has a market capitalization of £105.67 million, a P/E ratio of 1,598.80 and a beta of 0.58. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 47.08. iomart Group has a 52-week low of GBX 73 ($0.92) and a 52-week high of GBX 166.20 ($2.09).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of iomart Group in a report on Friday, October 4th.

iomart Group Company Profile

iomart Group plc engages in the provision of cloud hosting and managed services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment offers managed cloud computing facilities and services, such as colocation data centre and disaster recovery services through a network of owned data centres, to the larger SME and corporate markets.