STV Group Plc. (STVG) Insider George Watt Sells 40,000 Shares

STV Group Plc. (LON:STVG) insider George Watt sold 40,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of GBX 380 ($4.97), for a total value of £152,000 ($198,614.92).

STV Group stock opened at GBX 375.50 ($4.91) on Friday. The stock has a market cap of $147.17 million and a PE ratio of 91.59. STV Group Plc. has a 1 year low of GBX 300 ($3.92) and a 1 year high of GBX 458 ($5.98).

The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 11th will be given a GBX 14 ($0.18) dividend. The ex-dividend date is Thursday, April 11th. This is a positive change from STV Group’s previous dividend of $6.00. This represents a dividend yield of 3.85%. STV Group’s payout ratio is currently 4.88%.

Several equities analysts have recently issued reports on STVG shares. Peel Hunt restated a “buy” rating on shares of STV Group in a research report on Wednesday. Shore Capital restated a “buy” rating on shares of STV Group in a research report on Monday, March 4th.

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About STV Group

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom and internationally. The company operates in three segments: Consumer, Productions, and External Lottery Management. It creates and produces news, sports, and weather content for broadcast networks.

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