Fevertree Drinks PLC (FEVR) to Issue Dividend of GBX 5.85 on October 18th

Fevertree Drinks PLC (LON:FEVRGet Free Report) declared a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 5.85 ($0.08) per share on Friday, October 18th. This represents a yield of 0.68%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be seen at this link.

Fevertree Drinks Stock Performance

Shares of FEVR stock opened at GBX 766.50 ($10.02) on Friday. The company has a market capitalization of £894.81 million, a P/E ratio of 5,896.15, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 52 week low of GBX 760 ($9.94) and a 52 week high of GBX 1,324 ($17.31). The company’s 50 day moving average price is GBX 921.35 and its two-hundred day moving average price is GBX 1,048.78. The company has a debt-to-equity ratio of 6.39, a quick ratio of 3.21 and a current ratio of 3.71.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Fevertree Drinks from GBX 2,720 ($35.57) to GBX 2,650 ($34.65) and set a “neutral” rating for the company in a research note on Thursday, July 18th. Jefferies Financial Group decreased their target price on Fevertree Drinks from GBX 1,150 ($15.04) to GBX 1,000 ($13.08) and set a “hold” rating on the stock in a research report on Monday, July 29th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 1,566 ($20.48).

Check Out Our Latest Report on Fevertree Drinks

About Fevertree Drinks

(Get Free Report)

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.

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Dividend History for Fevertree Drinks (LON:FEVR)

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