Sophos (SOPH) Plans Dividend of $0.04

Sophos (LON:SOPH) declared a dividend on Thursday, May 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 20th will be given a dividend of $0.04 per share on Friday, October 12th. This represents a yield of 0.43%. The ex-dividend date is Thursday, September 20th. This is a positive change from Sophos’s previous dividend of $0.01. The official announcement can be accessed at this link.

Sophos opened at GBX 595.50 ($8.08) on Friday, MarketBeat Ratings reports. Sophos has a fifty-two week low of GBX 258.70 ($3.51) and a fifty-two week high of GBX 675.62 ($9.16).

Several equities research analysts recently commented on SOPH shares. Shore Capital reissued a “buy” rating on shares of Sophos in a research note on Thursday. Credit Suisse Group reissued an “outperform” rating and issued a GBX 700 ($9.50) price target on shares of Sophos in a research note on Thursday, April 5th. Morgan Stanley reissued an “overweight” rating and issued a GBX 705 ($9.56) price target on shares of Sophos in a research note on Thursday, March 22nd. Northern Trust Capital Markets started coverage on Sophos in a research note on Tuesday, March 20th. They issued a “trading sell” rating for the company. Finally, Numis Securities boosted their price target on Sophos from GBX 570 ($7.73) to GBX 580 ($7.87) and gave the company a “hold” rating in a research note on Friday. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Sophos presently has an average rating of “Buy” and a consensus price target of GBX 599.17 ($8.13).

About Sophos

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.

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