Nexteq plc (LON:NXQ) Increases Dividend to GBX 3.70 Per Share

Nexteq plc (LON:NXQ) declared a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 1st will be given a dividend of GBX 3.70 ($0.05) per share on Friday, May 30th. This represents a dividend yield of 5.69%. The ex-dividend date is Thursday, May 1st. This is a 12.1% increase from Nexteq’s previous dividend of $3.30. The official announcement can be accessed at this link.

Nexteq Trading Up 8.8 %

Shares of LON:NXQ opened at GBX 64.20 ($0.86) on Tuesday. The company has a market cap of £48.43 million, a PE ratio of 5.09 and a beta of 1.36. Nexteq has a 12-month low of GBX 56 ($0.75) and a 12-month high of GBX 151 ($2.03). The stock has a 50 day moving average of GBX 64.34 and a 200 day moving average of GBX 69.04.

Insider Buying and Selling at Nexteq

In other news, insider Carol Thompson purchased 4,218 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were acquired at an average cost of GBX 64 ($0.86) per share, with a total value of £2,699.52 ($3,626.92). Company insiders own 46.09% of the company’s stock.

About Nexteq

Nexteq (AIM: NXQ) (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group’s specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.