Impax Asset Management Group Plc (LON:IPX) Raises Dividend to GBX 4 Per Share

Impax Asset Management Group Plc (LON:IPX) declared a dividend on Wednesday, December 4th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 20th will be paid a dividend of GBX 4 ($0.05) per share on Friday, March 27th. This represents a yield of 1.34%. The ex-dividend date is Thursday, February 20th. This is a positive change from Impax Asset Management Group’s previous dividend of $1.50. The official announcement can be accessed at this link.

Impax Asset Management Group stock remained flat at $GBX 298 ($3.89) during trading hours on Wednesday. 88,325 shares of the company’s stock were exchanged, compared to its average volume of 93,587. The company has a market capitalization of $378.20 million and a P/E ratio of 25.69. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 11.92. The stock has a 50 day moving average of GBX 269.91 and a 200 day moving average of GBX 257.61. Impax Asset Management Group has a fifty-two week low of GBX 178.50 ($2.33) and a fifty-two week high of GBX 303.55 ($3.97).

Separately, Peel Hunt restated a “buy” rating and set a GBX 330 ($4.31) price objective (up previously from GBX 290 ($3.79)) on shares of Impax Asset Management Group in a report on Monday.

About Impax Asset Management Group

Impax Asset Management Group plc, through its subsidiaries, provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.

Further Reading: What is net income?

Dividend History for Impax Asset Management Group (LON:IPX)

Receive News & Ratings for Impax Asset Management Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Impax Asset Management Group and related companies with's FREE daily email newsletter.