DCC plc (LON:DCC) Declares GBX 66.19 Dividend

DCC plc (LON:DCC) announced a dividend on Tuesday, November 12th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 66.19 ($0.84) per share on Friday, December 13th. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be seen at this link.

DCC Price Performance

Shares of DCC opened at GBX 5,743.11 ($72.80) on Tuesday. The company has a debt-to-equity ratio of 73.97, a quick ratio of 0.89 and a current ratio of 1.18. The stock has a market capitalization of £5.68 billion, a PE ratio of 1,695.45, a PEG ratio of 4.37 and a beta of 0.74. The company has a 50 day moving average price of GBX 5,143.95 and a 200-day moving average price of GBX 5,393.33. DCC has a fifty-two week low of GBX 4,828 ($61.20) and a fifty-two week high of GBX 6,075 ($77.01).

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Royal Bank of Canada upgraded shares of DCC to an “outperform” rating and lifted their target price for the company from GBX 5,700 ($72.25) to GBX 5,800 ($73.52) in a research report on Thursday, August 15th. Berenberg Bank reiterated a “buy” rating and issued a GBX 7,020 ($88.98) price objective on shares of DCC in a research note on Tuesday, November 12th.

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.