Ted Baker plc Declares Dividend of GBX 16.60 (TED)

Ted Baker plc (LON:TED) announced a dividend on Tuesday, October 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 16.60 ($0.22) per share on Friday, November 17th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, October 19th. The official announcement can be viewed at this link.

Ted Baker plc (LON TED) opened at 2787.00 on Wednesday. The company’s market capitalization is GBX 1.23 billion. The company has a 50 day moving average price of GBX 2,571.83 and a 200-day moving average price of GBX 2,543.16. Ted Baker plc has a 52 week low of GBX 2,286.00 and a 52 week high of GBX 3,150.00.

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Several analysts recently issued reports on TED shares. Liberum Capital reiterated a “buy” rating and set a GBX 3,100 ($41.19) target price on shares of Ted Baker plc in a report on Friday, July 7th. Peel Hunt reiterated a “hold” rating and set a GBX 2,750 ($36.54) target price on shares of Ted Baker plc in a report on Friday, September 15th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,800 ($37.20) target price on shares of Ted Baker plc in a report on Tuesday, June 27th. Finally, Jefferies Group LLC upped their target price on Ted Baker plc from GBX 2,900 ($38.53) to GBX 3,100 ($41.19) and gave the stock a “buy” rating in a report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 2,994.17 ($39.78).

In other Ted Baker plc news, insider Raymond Stuart Kelvin sold 62,527 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of GBX 2,760 ($36.67), for a total value of £1,725,745.20 ($2,293,044.38).

About Ted Baker plc

Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.

Dividend History for Ted Baker plc (LON:TED)

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