SQS Software Quality Systems AG (SQS) Plans €0.15 Dividend

SQS Software Quality Systems AG (LON:SQS) declared a dividend on Tuesday, March 7th. Investors of record on Thursday, May 11th will be given a dividend of €0.15 ($0.16) per share on Tuesday, May 30th. This represents a yield of 2.68%. The ex-dividend date is Thursday, May 11th. The official announcement can be accessed at this link.

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A number of analysts have weighed in on the stock. Canaccord Genuity decreased their target price on shares of SQS Software Quality Systems AG from GBX 650 ($8.39) to GBX 620 ($8.00) and set a “buy” rating for the company in a research report on Wednesday, March 8th. Numis Securities Ltd downgraded shares of SQS Software Quality Systems AG to a “hold” rating and set a GBX 603 ($7.78) target price for the company. in a research report on Tuesday, March 7th. Panmure Gordon decreased their target price on shares of SQS Software Quality Systems AG from GBX 771 ($9.95) to GBX 688 ($8.88) and set a “buy” rating for the company in a research report on Thursday, March 9th. Finally, N+1 Singer downgraded shares of SQS Software Quality Systems AG to a “hold” rating and decreased their target price for the company from GBX 858 ($11.08) to GBX 599 ($7.73) in a research report on Thursday, March 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 632 ($8.16).

In other news, insider Diederik (Dik) Vos bought 2,000 shares of the firm’s stock in a transaction on Wednesday, March 15th. The stock was acquired at an average price of GBX 505 ($6.52) per share, with a total value of £10,100 ($13,037.30).

SQS Software Quality Systems AG Company Profile

SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months).

12 Month Chart for LON:SQS

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