Cake Box Holdings Plc (LON:CBOX) Announces Dividend Increase – GBX 6.10 Per Share

Cake Box Holdings Plc (LON:CBOX) announced a dividend on Tuesday, June 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 11th will be paid a dividend of GBX 6.10 ($0.08) per share on Tuesday, August 6th. This represents a yield of 3.49%. The ex-dividend date is Thursday, July 11th. This is an increase from Cake Box’s previous dividend of $2.90. The official announcement can be viewed at this link.

Cake Box Stock Performance

Shares of LON:CBOX opened at GBX 185 ($2.37) on Tuesday. The firm’s 50 day simple moving average is GBX 171.88 and its 200-day simple moving average is GBX 169.64. The company has a debt-to-equity ratio of 21.68, a quick ratio of 1.99 and a current ratio of 2.93. Cake Box has a one year low of GBX 130 ($1.67) and a one year high of GBX 190 ($2.43). The firm has a market cap of £74 million, a PE ratio of 1,636.36 and a beta of 1.22.

Insider Activity at Cake Box

In other Cake Box news, insider Sukh Ram Chamda bought 50,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were acquired at an average price of GBX 174 ($2.23) per share, with a total value of £87,000 ($111,438.45). 42.38% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Cake Box in a report on Wednesday, June 12th.

Cake Box Company Profile

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream cakes in the United Kingdom. It offers cakes by celebration, cakes by design, and seasonal cakes, as well as wedding cakes. The company engages in the property rental activities. Cake Box Holdings Plc was founded in 2008 and is headquartered in London, the United Kingdom.