Tesco PLC (OTCMKTS:TSCDY) Plans Dividend of $0.19

Tesco PLC (OTCMKTS:TSCDY) declared a dividend on Monday, October 6th, investing.com reports. Shareholders of record on Monday, October 13th will be paid a dividend of 0.1906 per share on Monday, December 1st. This represents a dividend yield of 315.0%. The ex-dividend date is Friday, October 10th.

Tesco Price Performance

Tesco stock opened at $18.41 on Tuesday. Tesco has a 52 week low of $12.16 and a 52 week high of $18.53. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.44. The stock has a 50 day moving average of $17.52 and a 200-day moving average of $16.08.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TSCDY shares. Zacks Research upgraded shares of Tesco to a “hold” rating in a research note on Tuesday, August 12th. Barclays reissued an “overweight” rating on shares of Tesco in a report on Tuesday, August 26th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Tesco

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.