Cohort plc (LON:CHRT) Plans Dividend Increase – GBX 10.10 Per Share

Cohort plc (LON:CHRT) declared a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 22nd will be paid a dividend of GBX 10.10 ($0.13) per share on Wednesday, October 2nd. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 22nd. This is a positive change from Cohort’s previous dividend of $4.70. The official announcement can be accessed at this link.

Cohort Stock Performance

LON CHRT opened at GBX 853.94 ($11.10) on Tuesday. The company has a market cap of £343.97 million, a PE ratio of 2,263.16 and a beta of 0.58. The stock’s 50 day simple moving average is GBX 808.74 and its 200-day simple moving average is GBX 731.43. Cohort has a 1-year low of GBX 456 ($5.93) and a 1-year high of GBX 889.50 ($11.56). The company has a debt-to-equity ratio of 36.88, a current ratio of 1.55 and a quick ratio of 0.93.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Cohort in a research report on Monday, July 15th.

Insider Activity

In other news, insider Simon Walther sold 1,359 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of GBX 836 ($10.86), for a total value of £11,361.24 ($14,762.53). In related news, insider Andrew Stephen Thomis sold 19,224 shares of the stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of GBX 808 ($10.50), for a total value of £155,329.92 ($201,832.02). Also, insider Simon Walther sold 1,359 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of GBX 836 ($10.86), for a total value of £11,361.24 ($14,762.53). Company insiders own 35.90% of the company’s stock.

Cohort Company Profile

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.