Rathbones Group Plc (LON:RAT) Announces Dividend of GBX 63

Rathbones Group Plc (LON:RAT) declared a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 63 ($0.80) per share on Tuesday, May 13th. This represents a dividend yield of 3.87%. The ex-dividend date is Thursday, April 10th. This is a 110.0% increase from Rathbones Group’s previous dividend of $30.00. The official announcement can be seen at this link.

Rathbones Group Trading Up 3.2 %

Shares of LON RAT opened at GBX 1,472 ($18.74) on Tuesday. The business has a fifty day moving average price of GBX 1,657.31 and a 200 day moving average price of GBX 1,687.31. Rathbones Group has a 1-year low of GBX 1,374 ($17.49) and a 1-year high of GBX 2,005 ($25.52). The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The stock has a market capitalization of £1.53 billion, a P/E ratio of 23.96, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65.

Rathbones Group (LON:RAT) last released its quarterly earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.06) EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. Equities research analysts expect that Rathbones Group will post 174.9287749 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Rathbones Group in a report on Tuesday, January 28th.

Insider Buying and Selling

In related news, insider Paul Stockton sold 11,767 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of GBX 1,610 ($20.49), for a total value of £189,448.70 ($241,151.60). 41.78% of the stock is owned by company insiders.

Rathbones Group Company Profile