Kainos Group plc (LON:KNOS) Increases Dividend to GBX 19.10 Per Share

Kainos Group plc (LON:KNOS) announced a dividend on Monday, May 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 19.10 ($0.26) per share on Friday, October 25th. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a positive change from Kainos Group’s previous dividend of $8.20. The official announcement can be accessed at this link.

Kainos Group Trading Up 0.8 %

Kainos Group stock opened at GBX 890 ($11.90) on Tuesday. The stock has a 50-day moving average price of GBX 998.52 and a 200 day moving average price of GBX 1,034.94. The company has a market capitalization of £1.12 billion, a price-to-earnings ratio of 2,264.10, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 52 week low of GBX 822 ($11.00) and a 52 week high of GBX 1,288 ($17.23). The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KNOS. Shore Capital restated a “buy” rating on shares of Kainos Group in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft reduced their price target on Kainos Group from GBX 1,235 ($16.52) to GBX 1,185 ($15.85) and set a “buy” rating for the company in a report on Tuesday, September 17th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,415 ($18.93) price target on shares of Kainos Group in a research note on Monday, September 2nd.

About Kainos Group

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.