Intermediate Capital Group plc (ICP) Insider Benoit Durteste Sells 257,834 Shares
Intermediate Capital Group plc (LON:ICP) insider Benoit Durteste sold 257,834 shares of the firm’s stock in a transaction that occurred on Saturday, June 1st. The shares were sold at an average price of GBX 1,314 ($17.17), for a total value of £3,387,938.76 ($4,426,942.06).
ICP opened at GBX 1,282 ($16.75) on Tuesday. Intermediate Capital Group plc has a 12-month low of GBX 899 ($11.75) and a 12-month high of GBX 1,322 ($17.27). The company has a market capitalization of $3.63 billion and a PE ratio of 20.22. The company has a quick ratio of 1.44, a current ratio of 1.68 and a debt-to-equity ratio of 89.18.
The firm also recently disclosed a dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, June 13th will be given a GBX 35 ($0.46) dividend. This represents a dividend yield of 2.75%. This is a boost from Intermediate Capital Group’s previous dividend of $10.00. The ex-dividend date of this dividend is Thursday, June 13th. Intermediate Capital Group’s dividend payout ratio (DPR) is presently 0.49%.
Intermediate Capital Group Company Profile
Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.
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