XLMedia PLC (LON:XLM) declared a dividend on Monday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 4th will be paid a dividend of GBX 2.27 ($0.03) per share on Friday, November 2nd. This represents a yield of 2.2%. The ex-dividend date of this dividend is Thursday, October 4th. The official announcement can be accessed at this link.
Shares of LON:XLM traded down GBX 6.50 ($0.08) during trading on Tuesday, reaching GBX 97 ($1.26). The stock had a trading volume of 2,058,592 shares, compared to its average volume of 980,241. XLMedia has a one year low of GBX 100 ($1.30) and a one year high of GBX 224.92 ($2.93). The stock has a market capitalization of $399.72 million and a P/E ratio of 1,445.45.
Separately, Berenberg Bank lowered their price target on shares of XLMedia from GBX 290 ($3.78) to GBX 225 ($2.93) and set a “buy” rating on the stock in a report on Monday, June 11th.
XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.
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