Vitec Group plc (LON:VTC)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 1,425 ($18.56) and last traded at GBX 1,405 ($18.30), with a volume of 8715 shares changing hands. The stock had previously closed at GBX 1,410 ($18.37).

Several brokerages have recently weighed in on VTC. Berenberg Bank upped their price objective on shares of Vitec Group from GBX 1,420 ($18.50) to GBX 1,500 ($19.54) and gave the company a “buy” rating in a report on Monday. Peel Hunt reiterated a “buy” rating on shares of Vitec Group in a report on Tuesday, September 18th.

The firm also recently announced a dividend, which will be paid on Friday, October 19th. Stockholders of record on Thursday, September 20th will be given a dividend of GBX 11.50 ($0.15) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, September 20th.

Vitec Group Company Profile (LON:VTC)

The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, pro-video, and photographic applications worldwide. The company operates in three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.

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