Kainos Group plc (LON:KNOS) Declares Dividend Increase – GBX 19.10 Per Share

Kainos Group plc (LON:KNOSGet Free Report) declared a dividend on Monday, May 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 19.10 ($0.24) per share on Friday, October 25th. This represents a dividend yield of 1.8%. The ex-dividend date is Thursday, October 3rd. This is a boost from Kainos Group’s previous dividend of $8.20. The official announcement can be seen at this link.

Kainos Group Stock Performance

Shares of LON:KNOS opened at GBX 1,214.60 ($15.25) on Monday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.55 and a quick ratio of 1.59. Kainos Group has a 1 year low of GBX 900.50 ($11.31) and a 1 year high of GBX 1,421 ($17.85). The firm has a market capitalization of £1.53 billion, a PE ratio of 3,696.97, a P/E/G ratio of 2.15 and a beta of 0.71. The business’s 50 day moving average price is GBX 994.06 and its 200-day moving average price is GBX 1,038.07.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on KNOS shares. Berenberg Bank lowered their price objective on Kainos Group from GBX 1,315 ($16.52) to GBX 1,260 ($15.83) and set a “buy” rating on the stock in a research note on Monday, April 15th. Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 1,000 ($12.56) target price on shares of Kainos Group in a report on Tuesday, May 7th. Finally, Shore Capital restated a “buy” rating on shares of Kainos Group in a report on Monday, May 13th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 1,280 ($16.08).

View Our Latest Stock Report on KNOS

About Kainos Group

(Get Free Report)

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.

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Dividend History for Kainos Group (LON:KNOS)

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