Impax Asset Management Group Plc (IPX) to Issue Dividend of GBX 22.90 on March 21st

Posted by Editorial Team on Nov 30th, 2024

Impax Asset Management Group Plc (LON:IPX – Get Free Report) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 20th will be paid a dividend of GBX 22.90 ($0.29) per share on Friday, March 21st. This represents a yield of 7.12%. The ex-dividend date is Thursday, February 20th. This is a boost from Impax Asset Management Group’s previous dividend of $4.70. The official announcement can be seen at this link.

Impax Asset Management Group Trading Down 0.1 %

Shares of IPX stock opened at GBX 333.50 ($4.25) on Friday. The business’s fifty day moving average price is GBX 363.59 and its 200 day moving average price is GBX 392.09. Impax Asset Management Group has a 1-year low of GBX 310 ($3.95) and a 1-year high of GBX 575 ($7.32). The firm has a market capitalization of £426.75 million, a PE ratio of 1,075.81, a P/E/G ratio of 5.05 and a beta of 1.64. The company has a debt-to-equity ratio of 6.93, a current ratio of 3.59 and a quick ratio of 2.26.

Insider Buying and Selling at Impax Asset Management Group

In other Impax Asset Management Group news, insider Ian Simm sold 2,600 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of GBX 365 ($4.65), for a total value of £9,490 ($12,087.63). 19.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their price objective on Impax Asset Management Group from GBX 620 ($7.90) to GBX 560 ($7.13) and set a “buy” rating on the stock in a report on Tuesday, October 8th.

Read Our Latest Analysis on Impax Asset Management Group

Impax Asset Management Group Company Profile

(Get Free Report)

Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.