Petershill Partners (LON:PHLL) Plans Dividend Increase – $0.14 Per Share

Petershill Partners (LON:PHLL) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of $0.14 per share on Thursday, October 31st. This represents a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Petershill Partners’s previous dividend of $0.10. The official announcement can be seen at this link.

Petershill Partners Price Performance

LON PHLL opened at GBX 223.50 ($2.99) on Wednesday. Petershill Partners has a 12-month low of GBX 140 ($1.87) and a 12-month high of GBX 229 ($3.07). The firm’s fifty day simple moving average is GBX 218.71 and its two-hundred day simple moving average is GBX 206.39. The company has a current ratio of 1.40, a quick ratio of 6.11 and a debt-to-equity ratio of 10.41. The firm has a market capitalization of £2.41 billion, a P/E ratio of 965.22, a P/E/G ratio of 1.24 and a beta of 0.59.

Analyst Ratings Changes

PHLL has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 235 ($3.15) price target on shares of Petershill Partners in a research note on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 ($3.28) price objective on shares of Petershill Partners in a research report on Thursday, September 5th.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.