Jupiter Fund Management Plc Declares Dividend of GBX 3.40 (LON:JUP)

Jupiter Fund Management Plc (LON:JUP) announced a dividend on Thursday, February 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be given a dividend of GBX 3.40 ($0.04) per share on Monday, May 20th. This represents a yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 18th. The official announcement can be seen at this link.

Jupiter Fund Management Price Performance

Shares of LON JUP opened at GBX 84.25 ($1.05) on Wednesday. The company has a current ratio of 2.09, a quick ratio of 1.79 and a debt-to-equity ratio of 11.88. Jupiter Fund Management has a twelve month low of GBX 71.10 ($0.89) and a twelve month high of GBX 138 ($1.72). The stock has a 50 day moving average of GBX 86.75 and a two-hundred day moving average of GBX 84.52. The stock has a market cap of £430.58 million, a P/E ratio of -2,760.00 and a beta of 1.39.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on JUP shares. Barclays lowered Jupiter Fund Management to an “underweight” rating and set a GBX 85 ($1.06) target price on the stock. in a report on Thursday, April 11th. BNP Paribas raised Jupiter Fund Management to a “neutral” rating and set a GBX 81 ($1.01) target price on the stock in a report on Monday, February 12th.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.