Smart Metering Systems PLC (SMS) Declares GBX 1.37 Dividend
Smart Metering Systems PLC (LON:SMS) announced a dividend on Tuesday, September 20th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 1.37 ($0.02) per share on Friday, November 25th. This represents a yield of 0.25%. The ex-dividend date is Thursday, October 20th. The official announcement can be seen at this link.
Smart Metering Systems PLC (LON:SMS) opened at 548.00 on Wednesday. The firm’s market capitalization is GBX 471.56 million. Smart Metering Systems PLC has a one year low of GBX 299.24 and a one year high of GBX 564.82. The stock’s 50 day moving average is GBX 498.88 and its 200-day moving average is GBX 438.11.
In related news, insider Murray,Glen sold 500,000 shares of the company’s stock in a transaction on Friday, July 8th. The shares were sold at an average price of GBX 405 ($5.29), for a total transaction of £2,025,000 ($2,643,258.06). Also, insider Foy,Alan sold 600,000 shares of the company’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 435 ($5.68), for a total transaction of £2,610,000 ($3,406,865.94).
A number of equities research analysts have commented on SMS shares. Peel Hunt restated a “buy” rating on shares of Smart Metering Systems PLC in a report on Tuesday. Panmure Gordon lifted their price objective on shares of Smart Metering Systems PLC from GBX 565 ($7.38) to GBX 650 ($8.48) and gave the company a “buy” rating in a report on Tuesday.
About Smart Metering Systems PLC
Smart Metering Systems plc (SMS) is a United Kingdom-based company engaged in providing metering services. The Company’s metering services connects, owns, operates and maintains generation and new metering assets and databases. The Company operates through two divisions: management of assets and installation of meters.
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