The Sage Group plc (LON:SGE) declared a dividend on Wednesday, November 30th. Shareholders of record on Thursday, February 9th will be given a dividend of GBX 9.35 ($0.12) per share on Friday, March 3rd. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, February 9th. This is a positive change from The Sage Group plc’s previous dividend of $4.80. The official announcement can be accessed at this link.

The Sage Group plc (LON:SGE) opened at 657.50 on Thursday. The Sage Group plc has a 12-month low of GBX 540.50 and a 12-month high of GBX 761.00. The firm has a 50-day moving average price of GBX 699.79 and a 200-day moving average price of GBX 682.67. The company’s market cap is GBX 7.07 billion.

Dividend History for The Sage Group plc (LON:SGE)

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SGE has been the topic of several research reports. Barclays PLC raised their price objective on The Sage Group plc from GBX 475 ($5.89) to GBX 540 ($6.70) and gave the stock an “underweight” rating in a report on Monday, October 17th. Panmure Gordon restated a “hold” rating and set a GBX 661 ($8.20) price objective on shares of The Sage Group plc in a report on Friday, August 5th. BNP Paribas downgraded The Sage Group plc to a “sell” rating in a report on Friday, October 21st. Deutsche Bank AG restated a “buy” rating and set a GBX 760 ($9.43) price objective on shares of The Sage Group plc in a report on Monday, August 15th. Finally, Bryan, Garnier & Co restated a “sell” rating and set a GBX 600 ($7.44) price objective on shares of The Sage Group plc in a report on Friday, September 30th. Seven investment analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 646 ($8.01).

The Sage Group plc Company Profile

The Sage Group plc is a United Kingdom-based company, which provides small and medium sized enterprises (SMEs) with a range of business management software and services, including accounting, human resource (HR) and payroll, enterprise resource planning (ERP), payments, customer relationship management (CRM), mobility and business intelligence.

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