Inspired Energy PLC (INSE) Raises Dividend to GBX 0.32 Per Share

Inspired Energy PLC (LON:INSE) announced a dividend on Monday, March 27th. Shareholders of record on Thursday, June 8th will be paid a dividend of GBX 0.32 ($0.00) per share on Thursday, July 13th. This represents a yield of 1.88%. The ex-dividend date is Thursday, June 8th. This is an increase from Inspired Energy PLC’s previous dividend of $0.13. The official announcement can be viewed at this link.

Shares of Inspired Energy PLC (LON:INSE) opened at 16.90 on Tuesday. The stock’s market capitalization is GBX 80.25 million. Inspired Energy PLC has a one year low of GBX 11.38 and a one year high of GBX 19.00. The firm’s 50-day moving average is GBX 15.83 and its 200-day moving average is GBX 14.04.

Dividend History for Inspired Energy PLC (LON:INSE)

INSE has been the topic of a number of research reports. Panmure Gordon raised their target price on shares of Inspired Energy PLC from GBX 19 ($0.24) to GBX 21 ($0.26) and gave the company a “buy” rating in a research report on Friday, March 10th. Beaufort Securities reissued a “speculative buy” rating on shares of Inspired Energy PLC in a research report on Tuesday.

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Inspired Energy PLC Company Profile

Inspired Energy PLC provides energy purchasing and energy consultancy services to corporate, and small and medium-sized enterprise (SME) energy users. The Company’s segments include The Corporate division (Corporate), The SME division (SME) and PLC costs. The Corporate segment includes operations of Inspired Energy Solutions Limited, Direct Energy Purchasing Limited, Wholesale Power UK Limited and STC Energy and Carbon Holdings Limited.

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