Kip McGrath Education Centres

Kip McGrath Education Centres (KME)

Stock Code

KME

Stock Exchange

ax

Kip McGrath Education Centres (KME) sell franchises that provide education to school students in over 10 countries around the world. KME assigns franchise territory and provide ongoing support in the form of training and education materials to the franchises.

The company was formed in 1974 by Kip and Dugnija McGrath, with the Franchise business beginning in 1987. It listed on the Australian stockmarket (ASX) on 15 August, 2003.

Kip McGrath Education Centres Dividends

18 October, 2010 - 00:55

Study the list of past dividends for Kip McGrath Education Centres. Dividends are a portion of company profits paid out to shareholders. If Kip Mcgrath Education Centres Limited has announced a dividend, you may be eligible to receive KME dividends if the stock trader the company's stock on the ex-dividend date. Investors must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date.

Kip McGrath Education Centres (KME) Share Recommendation


ABN Amro has upgraded their share recommendation on the Kip McGrath Education Centres (KME) to Buy from Hold with a share price target of $1.02 (was $1.09). ABN Amro have upgraded their rating as it suggests following recent share price weakness the stock is oversold at current levels. Based on their forecasts the stock is trading on a FY08 P/E of 6x and a yield of 9%, while recent share purchases by management are also a positive.

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