IntegraFin Holdings plc (LON:IHP) Increases Dividend to GBX 7.20 Per Share

IntegraFin Holdings plc (LON:IHP) declared a dividend on Wednesday, December 18th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 2nd will be given a dividend of GBX 7.20 ($0.09) per share on Friday, January 31st. This represents a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. The official announcement can be viewed at this link.

IntegraFin Stock Down 2.3 %

LON IHP opened at GBX 344 ($4.30) on Friday. The company has a current ratio of 8.80, a quick ratio of 0.01 and a debt-to-equity ratio of 1.73. The company has a market capitalization of £1.14 billion, a price-to-earnings ratio of 2,150.00, a PEG ratio of 3.14 and a beta of 1.15. IntegraFin has a 1-year low of GBX 263.40 ($3.29) and a 1-year high of GBX 414 ($5.17). The stock’s 50 day moving average is GBX 379.09 and its two-hundred day moving average is GBX 369.15.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research note on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft raised their price target on IntegraFin from GBX 335 ($4.19) to GBX 400 ($5.00) and gave the company a “hold” rating in a report on Tuesday, September 10th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.00) target price on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Company Profile

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.