Strix Group PLC (LON:KETL) announced a dividend on Wednesday, September 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 27th will be paid a dividend of GBX 2.30 ($0.03) per share on Friday, October 26th. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, September 27th. This is an increase from Strix Group’s previous dividend of $1.90. The official announcement can be viewed at this link.

LON:KETL traded up GBX 1 ($0.01) during trading hours on Wednesday, reaching GBX 165 ($2.15). 1,620,399 shares of the company traded hands.

Several equities research analysts have recently issued reports on the company. Canaccord Genuity restated a “buy” rating and set a GBX 210 ($2.74) price objective on shares of Strix Group in a report on Wednesday, September 19th. Peel Hunt assumed coverage on Strix Group in a report on Wednesday, September 12th. They set a “buy” rating and a GBX 202 ($2.63) price objective on the stock. Finally, Shore Capital restated a “buy” rating on shares of Strix Group in a report on Friday, September 14th.

Strix Group Company Profile

Strix Group Plc manufactures and sells kettle safety controls and other components worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating, temperature and steam-management devices, such as steam boilers, instant flow heaters, and turbo toasters.

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