CVS Group plc (LON:CVSG) Announces Dividend Increase – GBX 8 Per Share

CVS Group plc (LON:CVSG) announced a dividend on Thursday, September 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 8 ($0.10) per share on Friday, November 29th. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, October 31st. This is a positive change from CVS Group’s previous dividend of $7.50. The official announcement can be accessed at this link.

CVS Group Stock Performance

LON CVSG opened at GBX 912.92 ($11.84) on Tuesday. CVS Group has a 1 year low of GBX 902.41 ($11.70) and a 1 year high of GBX 1,749 ($22.68). The company has a debt-to-equity ratio of 110.48, a current ratio of 1.09 and a quick ratio of 0.90. The firm has a market cap of £654.93 million, a price-to-earnings ratio of 2,538.89, a PEG ratio of 1.77 and a beta of 1.02. The company has a fifty day moving average price of GBX 1,080.17 and a 200-day moving average price of GBX 1,057.01.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,370 ($30.74) target price on shares of CVS Group in a research note on Thursday, July 25th.

About CVS Group

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.