Redcentric plc (LON:RCN) Declares GBX 1.20 Dividend

Redcentric plc (LON:RCN) declared a dividend on Wednesday, November 20th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 13th will be given a dividend of GBX 1.20 ($0.02) per share on Friday, April 25th. This represents a yield of 1.03%. The ex-dividend date is Thursday, March 13th. The official announcement can be viewed at this link.

Redcentric Stock Up 0.6 %

RCN opened at GBX 117.72 ($1.49) on Thursday. The company has a debt-to-equity ratio of 138.57, a current ratio of 0.77 and a quick ratio of 0.34. Redcentric has a 12 month low of GBX 104 ($1.32) and a 12 month high of GBX 161.50 ($2.04). The stock has a market capitalization of £186.76 million, a P/E ratio of -5,850.00 and a beta of 0.13. The business has a 50 day simple moving average of GBX 122.77 and a 200-day simple moving average of GBX 133.25.

Insiders Place Their Bets

In other news, insider David Senior sold 39,568 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of GBX 132 ($1.67), for a total value of £52,229.76 ($66,088.52). Insiders own 21.97% of the company’s stock.

Redcentric Company Profile

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.