ST Ives PLC (LON:SIV)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 88.30 ($1.24) and last traded at GBX 88.10 ($1.24), with a volume of 887543 shares. The stock had previously closed at GBX 86.50 ($1.21).
A number of brokerages have commented on SIV. Peel Hunt reiterated a “buy” rating on shares of ST Ives in a report on Wednesday. Numis Securities boosted their target price on shares of ST Ives from GBX 130 ($1.82) to GBX 135 ($1.90) and gave the stock a “buy” rating in a report on Wednesday, March 7th.
The business also recently disclosed a dividend, which will be paid on Friday, May 4th. Stockholders of record on Thursday, April 5th will be issued a dividend of GBX 0.65 ($0.01) per share. The ex-dividend date is Thursday, April 5th. This represents a dividend yield of 0.76%.
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About ST Ives
St Ives plc is a United Kingdom-based international marketing services company. The Company operates through three segments: Strategic Marketing, Marketing Activation and Books. The Company’s Strategic Marketing segment consists of Data, Digital and Insight businesses. The Company’s Marketing Activation segment includes Marketing Print businesses and Field Marketing Business, which deliver marketing communications through a combination of print and in-store marketing services.
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