The Property Franchise Group PLC Plans Dividend of GBX 6 (LON:TPFG)

The Property Franchise Group PLC (LON:TPFG) declared a dividend on Tuesday, September 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be paid a dividend of GBX 6 ($0.08) per share on Friday, October 4th. This represents a yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be viewed at this link.

The Property Franchise Group Price Performance

Shares of LON:TPFG opened at GBX 447.65 ($5.91) on Wednesday. The company has a market cap of £285.38 million, a price-to-earnings ratio of 2,011.36 and a beta of 0.42. The company has a debt-to-equity ratio of 11.13, a current ratio of 1.11 and a quick ratio of 1.20. The firm has a 50 day simple moving average of GBX 460.86 and a 200 day simple moving average of GBX 412.01. The Property Franchise Group has a one year low of GBX 270.20 ($3.57) and a one year high of GBX 490 ($6.47).

Analysts Set New Price Targets

Several brokerages recently commented on TPFG. Berenberg Bank increased their price objective on shares of The Property Franchise Group from GBX 521 ($6.88) to GBX 589 ($7.78) and gave the company a “buy” rating in a research note on Monday, June 3rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 589 ($7.78) price target on shares of The Property Franchise Group in a research note on Tuesday, September 10th.

About The Property Franchise Group

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.