Cerillion (LON:CER) Hits New 12-Month High Following Dividend Announcement

Cerillion Plc (LON:CER)’s stock price reached a new 52-week high during mid-day trading on Monday following a dividend announcement from the company. The stock traded as high as GBX 1,970 ($24.83) and last traded at GBX 1,926.75 ($24.28), with a volume of 29900 shares trading hands. The stock had previously closed at GBX 1,880 ($23.69).

The newly announced dividend which will be paid on Thursday, February 20th. Shareholders of record on Tuesday, December 24th will be paid a GBX 9.20 ($0.12) dividend. This represents a yield of 0.49%. This is a positive change from Cerillion’s previous dividend of $4.00. The ex-dividend date is Tuesday, December 24th. Cerillion’s dividend payout ratio (DPR) is 2,500.00%.

Cerillion Stock Performance

The stock has a market cap of £564.21 million, a price-to-earnings ratio of 3,916.67 and a beta of 0.90. The company has a debt-to-equity ratio of 6.39, a current ratio of 3.11 and a quick ratio of 2.75. The firm has a fifty day moving average of GBX 1,775.99 and a 200 day moving average of GBX 1,720.05.

About Cerillion

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific. It operates through three segments: Software, Services, and Third-Party. The company offers Cerillion Unify, a pre-packaged SaaS solution for quad-play CSPs; Cerillion Enterprise, a BSS/OSS solution for B2B telcos; Cerillion Engage, a streamlined BSS/OSS solution for digital brands; Cerillion Skyline, SaaS solution for subscription businesses; and Cerillion Metro BSS/OSS solution for smart cities.