Computacenter plc Declares Dividend of GBX 23.30 (LON:CCC)

Computacenter plc (LON:CCC) declared a dividend on Monday, September 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 23.30 ($0.30) per share on Friday, October 25th. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, September 26th. The official announcement can be seen at this link.

Computacenter Stock Performance

Shares of CCC opened at GBX 2,403.48 ($31.43) on Tuesday. Computacenter has a one year low of GBX 2,400 ($31.38) and a one year high of GBX 3,004 ($39.28). The company has a market cap of £2.66 billion, a PE ratio of 1,393.06, a P/E/G ratio of 6.99 and a beta of 0.71. The stock has a 50-day moving average of GBX 2,719.85 and a 200-day moving average of GBX 2,748.35. The company has a debt-to-equity ratio of 13.44, a current ratio of 1.26 and a quick ratio of 0.95.

Insider Activity at Computacenter

In related news, insider Ros Rivaz sold 1,570 shares of Computacenter stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of GBX 2,707 ($35.40), for a total transaction of £42,499.90 ($55,577.22). 35.51% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CCC. Jefferies Financial Group reduced their price objective on Computacenter from GBX 3,900 ($51.00) to GBX 3,800 ($49.69) and set a “buy” rating for the company in a research note on Monday, July 29th. JPMorgan Chase & Co. reduced their price target on shares of Computacenter from GBX 3,300 ($43.15) to GBX 3,050 ($39.88) and set an “overweight” rating for the company in a research report on Monday, July 29th.

About Computacenter

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.