Spirent Communications plc (LON:SPT) Declares Dividend of GBX 2.16

Spirent Communications plc (LON:SPTGet Rating) announced a dividend on Thursday, August 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 11th will be given a dividend of GBX 2.16 ($0.03) per share on Friday, September 16th. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, August 11th. The official announcement can be accessed at this link.

Spirent Communications Stock Down 1.3 %

LON SPT opened at GBX 277.40 ($3.40) on Friday. The firm has a market cap of £1.70 billion and a PE ratio of 2,311.67. Spirent Communications has a one year low of GBX 209.80 ($2.57) and a one year high of GBX 310.60 ($3.81). The stock’s 50 day simple moving average is GBX 248.76 and its 200 day simple moving average is GBX 240.03. The company has a debt-to-equity ratio of 6.66, a current ratio of 2.09 and a quick ratio of 1.87.

Insiders Place Their Bets

In other Spirent Communications news, insider Paula Bell sold 116,875 shares of the company’s stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of GBX 226 ($2.77), for a total transaction of £264,137.50 ($323,658.25). In related news, insider Gary Bullard purchased 8,730 shares of the business’s stock in a transaction dated Friday, May 13th. The shares were bought at an average price of GBX 229 ($2.81) per share, with a total value of £19,991.70 ($24,496.63). Also, insider Paula Bell sold 116,875 shares of the stock in a transaction on Tuesday, May 17th. The shares were sold at an average price of GBX 226 ($2.77), for a total value of £264,137.50 ($323,658.25). In the last quarter, insiders have bought 8,913 shares of company stock valued at $2,043,453.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on Spirent Communications from GBX 270 ($3.31) to GBX 250 ($3.06) and set a “hold” rating on the stock in a research report on Monday, July 11th.

Spirent Communications Company Profile

(Get Rating)

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services.

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Dividend History for Spirent Communications (LON:SPT)

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