Phoenix Group Holdings plc Plans Dividend of GBX 26.65 (LON:PHNX)

Phoenix Group Holdings plc (LON:PHNX) announced a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 26.65 ($0.36) per share on Thursday, October 31st. This represents a dividend yield of 4.62%. The ex-dividend date is Thursday, October 3rd. The official announcement can be seen at this link.

Phoenix Group Price Performance

LON PHNX opened at GBX 554.50 ($7.42) on Wednesday. The stock has a market capitalization of £5.55 billion, a price-to-earnings ratio of -1,055.66, a PEG ratio of 1.95 and a beta of 0.73. Phoenix Group has a 1-year low of GBX 436.40 ($5.84) and a 1-year high of GBX 581.22 ($7.77). The company has a debt-to-equity ratio of 132.01, a current ratio of 0.19 and a quick ratio of 0.12. The business’s fifty day moving average price is GBX 552.16 and its 200-day moving average price is GBX 526.52.

Analyst Upgrades and Downgrades

PHNX has been the topic of several research reports. The Goldman Sachs Group reissued a “sell” rating on shares of Phoenix Group in a research report on Wednesday, September 18th. JPMorgan Chase & Co. raised their price objective on shares of Phoenix Group from GBX 505 ($6.75) to GBX 510 ($6.82) and gave the stock an “underweight” rating in a report on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.