Baltic Classifieds Group PLC (LON:BCG) Raises Dividend to €0.02 Per Share

Posted by Hanz Christensen on Sep 11th, 2024

Baltic Classifieds Group PLC (LON:BCG – Get Free Report) announced a dividend on Wednesday, July 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 12th will be paid a dividend of €0.02 ($0.02) per share on Friday, October 18th. This represents a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, September 12th. This is an increase from Baltic Classifieds Group’s previous dividend of $0.01. The official announcement can be seen at this link.

Baltic Classifieds Group Price Performance

Shares of LON BCG opened at GBX 287 ($3.75) on Wednesday. The company has a quick ratio of 2.36, a current ratio of 2.20 and a debt-to-equity ratio of 15.05. The business’s 50 day moving average price is GBX 269.40 and its two-hundred day moving average price is GBX 246.68. The company has a market cap of £1.38 billion, a PE ratio of 5,680.00, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. Baltic Classifieds Group has a twelve month low of GBX 171.80 ($2.25) and a twelve month high of GBX 296 ($3.87).

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BCG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 294 ($3.84) target price on shares of Baltic Classifieds Group in a research note on Thursday, July 4th. Berenberg Bank began coverage on Baltic Classifieds Group in a research report on Monday, July 8th. They set a “buy” rating and a GBX 300 ($3.92) price objective on the stock.

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Baltic Classifieds Group Company Profile

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Baltic Classifieds Group PLC owns and operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania. It operates online classifieds portals for automotive, such as Autoplius.lt and Auto24.ee; real estate portals, including Aruodas.lt, KV.ee, City24.ee, and City24.lv; job and service portals, which include CVbankas.lt, GetaPro.lv, GetaPro.ee, and Paslaugos.lt; and generalist online classifieds portals comprising Skelbiu.lt, Kainos.lt, Osta.ee, and Kuldnebörs.ee.