Reach PLC to Issue Dividend of GBX 2.37 (RCH)

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Reach PLC (LON:RCH) declared a dividend on Monday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 6th will be paid a dividend of GBX 2.37 ($0.03) per share on Friday, September 28th. This represents a yield of 3.31%. The ex-dividend date of this dividend is Thursday, September 6th. The official announcement can be viewed at this link.

LON:RCH opened at GBX 75.70 ($0.98) on Wednesday.

Several research analysts recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating on shares of Reach in a research note on Monday, July 30th. Citigroup reaffirmed a “neutral” rating and set a GBX 77 ($0.99) target price on shares of Reach in a research note on Thursday, August 16th.

Reach Company Profile

Reach plc produces and distributes content through newspapers and associated digital platforms in the United Kingdom, the Republic of Ireland, Continental Europe, and internationally. The company operates through four segments: Publishing, Printing, Specialist Digital, and Central. The Publishing segment offers content through paid-for and free newspapers and related multi-platform digital sites; holds events and exhibitions related to publishing activities; provides contract publishing for football clubs and other sport-related organizations; and offers marketing solutions and commercial partnerships.

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