Genus plc (LON:GNS) Increases Dividend to GBX 21.70 Per Share

Genus plc (LON:GNS) declared a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be given a dividend of GBX 21.70 ($0.29) per share on Friday, December 6th. This represents a yield of 1.21%. The ex-dividend date is Thursday, November 7th. This is a boost from Genus’s previous dividend of $10.30. The official announcement can be seen at this link.

Genus Trading Down 2.1 %

LON GNS opened at GBX 1,710 ($22.49) on Friday. The company has a debt-to-equity ratio of 50.99, a current ratio of 2.15 and a quick ratio of 1.08. The stock’s 50-day moving average is GBX 1,746.65 and its 200-day moving average is GBX 1,774.85. Genus has a one year low of GBX 1,478 ($19.43) and a one year high of GBX 2,378 ($31.27). The firm has a market cap of £1.13 billion, a P/E ratio of 3,352.94, a P/E/G ratio of 2.87 and a beta of 0.38.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Genus from GBX 2,300 ($30.24) to GBX 2,150 ($28.27) and set a “buy” rating for the company in a report on Wednesday, July 17th.

Insider Buying and Selling at Genus

In related news, insider Iain Ferguson bought 3,000 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of GBX 1,800 ($23.67) per share, with a total value of £54,000 ($71,005.92). Company insiders own 0.61% of the company’s stock.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.