Intermediate Capital Group plc (LON:ICG) Plans Dividend of GBX 26.30

Intermediate Capital Group plc (LON:ICG) declared a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 26.30 ($0.34) per share on Friday, January 10th. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, December 5th. The official announcement can be accessed at this link.

Intermediate Capital Group Trading Down 7.2 %

Shares of Intermediate Capital Group stock traded down GBX 162 ($2.08) on Wednesday, hitting GBX 2,078 ($26.74). The stock had a trading volume of 2,594,973 shares, compared to its average volume of 1,660,057. Intermediate Capital Group has a twelve month low of GBX 1,852 ($23.83) and a twelve month high of GBX 2,448 ($31.50). The company has a 50 day moving average price of GBX 2,167.64. The firm has a market capitalization of £6.04 billion, a PE ratio of 1,407.50 and a beta of 1.97.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank initiated coverage on Intermediate Capital Group in a research report on Wednesday, October 23rd. They issued a “buy” rating and a GBX 2,600 ($33.46) target price on the stock.

About Intermediate Capital Group

We are a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain.