Relx Plc (NYSE:RELX) Announces Semi-Annual Dividend of $0.53

Relx Plc (NYSE:RELX) announced a Semi-Annual dividend on Thursday, February 15th, Zacks reports. Stockholders of record on Friday, May 3rd will be paid a dividend of 0.526 per share by the technology company on Tuesday, June 18th. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Relx’s previous Semi-Annual dividend of $0.22.

Relx has raised its dividend payment by an average of 6.5% annually over the last three years and has raised its dividend every year for the last 1 years. Relx has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Relx to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 24.3%.

Relx Trading Down 0.1 %

Relx stock opened at $41.55 on Tuesday. The stock has a 50-day moving average price of $42.83 and a 200 day moving average price of $40.19. Relx has a 52 week low of $30.10 and a 52 week high of $44.75. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51.

Analyst Ratings Changes

RELX has been the subject of several research reports. StockNews.com cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Berenberg Bank cut shares of Relx from a “buy” rating to a “hold” rating in a report on Friday, March 1st.

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.