Impax Asset Management Group Plc (IPX) To Go Ex-Dividend on February 20th

Impax Asset Management Group Plc (LON:IPX) declared a dividend on Friday, November 28th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 20th will be given a dividend of GBX 22.90 ($0.29) per share on Friday, March 21st. This represents a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Impax Asset Management Group’s previous dividend of $4.70. The official announcement can be viewed at this link.

Impax Asset Management Group Stock Performance

Impax Asset Management Group stock opened at GBX 213.50 ($2.69) on Tuesday. The stock has a 50-day simple moving average of GBX 232.20 and a 200 day simple moving average of GBX 319.11. The company has a quick ratio of 2.26, a current ratio of 3.23 and a debt-to-equity ratio of 5.94. Impax Asset Management Group has a 12-month low of GBX 198.60 ($2.51) and a 12-month high of GBX 540 ($6.81). The stock has a market capitalization of £270.48 million, a price-to-earnings ratio of 6.80, a P/E/G ratio of 5.05 and a beta of 1.64.

Impax Asset Management Group (LON:IPX) last released its quarterly earnings results on Thursday, November 28th. The company reported GBX 28.50 ($0.36) earnings per share (EPS) for the quarter. Impax Asset Management Group had a return on equity of 32.67% and a net margin of 22.60%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their price objective on Impax Asset Management Group from GBX 560 ($7.07) to GBX 510 ($6.43) and set a “buy” rating for the company in a report on Friday, December 13th.

About Impax Asset Management Group

Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.

We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.