Sky Plc (OTCMKTS:SKYAY) announced a None dividend on Friday, February 2nd, Zacks reports. Investors of record on Friday, March 23rd will be paid a dividend of 0.739 per share on Thursday, May 3rd. This represents a dividend yield of 0.0125626859328517%. The ex-dividend date of this dividend is Thursday, March 22nd. This is a positive change from SKY’s previous None dividend of $0.53.
Shares of SKY (OTCMKTS SKYAY) traded down $0.30 during trading on Friday, hitting $73.18. 1,614 shares of the company were exchanged, compared to its average volume of 10,261. SKY has a 1-year low of $46.90 and a 1-year high of $77.00. The company has a quick ratio of 0.76, a current ratio of 0.96 and a debt-to-equity ratio of 2.13.
Several analysts have recently issued reports on the company. Zacks Investment Research upgraded SKY from a “hold” rating to a “buy” rating and set a $83.00 price objective on the stock in a research note on Friday, March 9th. Macquarie upgraded SKY from a “neutral” rating to an “outperform” rating in a research note on Wednesday. Finally, Liberum Capital reissued a “hold” rating on shares of SKY in a report on Wednesday, January 24th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. SKY presently has a consensus rating of “Buy” and a consensus price target of $83.00.
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SKY Company Profile
Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.
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