Elecosoft plc (LON:ELCO) Plans Dividend of GBX 0.40

Elecosoft plc (LON:ELCO) announced a dividend on Tuesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 5th will be given a dividend of GBX 0.40 ($0.01) per share on Thursday, May 31st. This represents a yield of 0.75%. The ex-dividend date is Thursday, April 5th. This is a positive change from Elecosoft’s previous dividend of $0.20. The official announcement can be accessed at this link.

ELCO opened at GBX 55 ($0.79) on Thursday. Elecosoft has a 12 month low of GBX 35.16 ($0.50) and a 12 month high of GBX 55.90 ($0.80).

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Separately, FinnCap lifted their price target on Elecosoft from GBX 55 ($0.79) to GBX 62 ($0.89) and gave the company a “corporate” rating in a report on Tuesday, January 23rd.

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Elecosoft Company Profile

Elecosoft plc provides software and related services to the architectural, engineering, construction, and digital marketing industries in the United Kingdom, Scandinavia, Germany, rest of Europe, and internationally. The company offers project management software under the Asta Powerproject brand; cost estimating software under the Bidcon brand; CAD/design software solutions under the Arcon Evo and o2c brands; Interiormarket, an industry-specific and modular marketing solution through ESIGN brand; engineering software solutions under the Staircon and Statcon brands, as well as under the Framing name; and information management solutions under IconSystem and MarketingManager brands.

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