Jtc Plc (LON:JTC) to Issue Dividend of GBX 4.30

Jtc Plc (LON:JTC) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 4.30 ($0.06) per share on Friday, October 25th. This represents a yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be seen at this link.

JTC Price Performance

Shares of LON JTC opened at GBX 1,054 ($13.92) on Tuesday. The company has a debt-to-equity ratio of 52.51, a current ratio of 2.25 and a quick ratio of 2.70. The firm’s 50 day simple moving average is GBX 1,051.35 and its 200-day simple moving average is GBX 935.94. JTC has a 12 month low of GBX 623.50 ($8.24) and a 12 month high of GBX 1,178 ($15.56). The stock has a market capitalization of £1.72 billion, a price-to-earnings ratio of 7,370.29 and a beta of 0.68.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Berenberg Bank lifted their price objective on shares of JTC from GBX 1,300 ($17.17) to GBX 1,400 ($18.49) and gave the company a “buy” rating in a report on Monday. Shore Capital restated a “hold” rating on shares of JTC in a research note on Tuesday.

About JTC

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.