Prudential plc (LON:PRU – Get Free Report) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of $0.16 per share by the financial services provider on Wednesday, May 14th. This represents a dividend yield of 1.58%. The ex-dividend date is Thursday, March 27th. This is a 138.2% increase from Prudential’s previous dividend of $0.07. The official announcement can be viewed at this link.
Prudential Trading Down 0.1 %
LON PRU opened at GBX 796 ($10.32) on Friday. Prudential has a one year low of GBX 594.80 ($7.71) and a one year high of GBX 850.68 ($11.03). The company’s 50 day moving average price is GBX 698.63 and its 200 day moving average price is GBX 666.24. The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86. The firm has a market capitalization of £26.19 billion, a price-to-earnings ratio of 39.76, a PEG ratio of 0.40 and a beta of 1.20.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on PRU. Bank of America reiterated a “buy” rating and set a GBX 1,000 ($12.97) target price on shares of Prudential in a research note on Thursday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 950 ($12.32) price target on shares of Prudential in a research report on Thursday. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Prudential has a consensus rating of “Buy” and an average price target of GBX 1,188 ($15.40).
About Prudential
Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).
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