Tabcorp Holdings Limited declared a dividend on Wednesday, June 22nd, investing.com reports. Shareholders of record on Thursday, June 30th will be paid a dividend of 6.3065 per share on Tuesday, June 28th. This represents a dividend yield of 45.71%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a positive change from Tabcorp’s previous dividend of $0.08.
Shares of TACBY stock opened at $14.18 on Wednesday. The business’s 50 day moving average is $8.10 and its two-hundred day moving average is $7.62. Tabcorp has a twelve month low of $5.78 and a twelve month high of $15.22.
Several research analysts have weighed in on the company. CLSA downgraded Tabcorp from a “buy” rating to an “underperform” rating in a research note on Wednesday, May 25th. The Goldman Sachs Group downgraded Tabcorp from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 25th. Finally, Jefferies Financial Group began coverage on Tabcorp in a research note on Monday, May 23rd. They issued a “hold” rating on the stock.
Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. The company's Lotteries and Keno segment is involved in the lottery operations. It has various game brands, including Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its.