Cybg Plc (CYBG) Announces GBX 1 Dividend

Cybg Plc (LON:CYBG) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 18th will be given a dividend of GBX 1 ($0.01) per share on Friday, February 16th. This represents a yield of 0.32%. The ex-dividend date of this dividend is Thursday, January 18th. The official announcement can be accessed at this link.

Shares of Cybg (CYBG) opened at GBX 327.60 ($4.44) on Friday. Cybg has a fifty-two week low of GBX 257.10 ($3.49) and a fifty-two week high of GBX 341.60 ($4.63). The stock has a market capitalization of $2,900.00 and a PE ratio of 1,927.06.

In related news, insider Ian S. Smith sold 8,510 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of GBX 337 ($4.57), for a total value of £28,678.70 ($38,891.65). Also, insider Debbie Crosbie bought 159 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was purchased at an average price of GBX 313 ($4.24) per share, for a total transaction of £497.67 ($674.90). Insiders purchased 20,298 shares of company stock worth $6,514,687 over the last quarter.

CYBG has been the subject of a number of recent analyst reports. Deutsche Bank initiated coverage on Cybg in a research note on Wednesday. They issued a “sell” rating and a GBX 291 ($3.95) price objective for the company. Shore Capital reaffirmed a “hold” rating on shares of Cybg in a research note on Friday, December 8th. Citigroup reaffirmed a “sell” rating on shares of Cybg in a research note on Wednesday, December 6th. Jefferies Group reaffirmed a “hold” rating and issued a GBX 294 ($3.99) price objective on shares of Cybg in a research note on Friday, December 1st. Finally, Numis Securities upped their price objective on Cybg from GBX 210 ($2.85) to GBX 250 ($3.39) and gave the stock a “sell” rating in a research note on Thursday, November 23rd. Six equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Cybg currently has an average rating of “Hold” and an average target price of GBX 279.82 ($3.79).

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About Cybg

CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.

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