Northgate plc (NTG) Announces GBX 6.20 Dividend
Northgate plc (LON:NTG) announced a dividend on Tuesday, December 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 13th will be paid a dividend of GBX 6.20 ($0.08) per share on Friday, January 25th. This represents a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, December 13th. The official announcement can be accessed at this link.
Shares of LON NTG opened at GBX 391.60 ($5.12) on Friday. Northgate has a 52-week low of GBX 300 ($3.92) and a 52-week high of GBX 575.50 ($7.52).
A number of analysts have weighed in on NTG shares. Barclays restated an “overweight” rating and set a GBX 450 ($5.88) target price on shares of Northgate in a report on Tuesday. Peel Hunt restated a “buy” rating on shares of Northgate in a report on Tuesday, September 18th. Jefferies Financial Group restated a “buy” rating and set a GBX 600 ($7.84) target price on shares of Northgate in a report on Tuesday, September 18th. Finally, Numis Securities restated a “buy” rating and set a GBX 510 ($6.66) target price on shares of Northgate in a report on Tuesday, September 18th.
Northgate plc provides light commercial vehicle hire services in the United Kingdom, Spain, and the Republic of Ireland. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. The company operates a fleet of 53,000 vehicles from 77 locations in the United Kingdom; and a fleet of 40,000 vehicles from 24 locations in Spain.
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