Sage’s Volatile Week as Dividend Falls and AI Story Faces Market Test
Sage Group plc starts the week trying to hold on to gains after a volatile run in London last week. Shares ended Friday at 870p, falling 1.5% in the session but still up 3.3% from the Friday before. London Stock Exchange trading stops for the weekend. Sage is still facing comparisons to a sharper drop earlier. Sage’s year high was 1,335p, according to AJ Bell, and the company’s market cap stood at around 7.84 billion pounds as of Friday’s close. The shares went ex-dividend on June 4, cutting off buyers from the upcoming 8.05p interim payout, which is set for July 3.