Rathbones Group Plc (RAT) To Go Ex-Dividend on April 10th

Rathbones Group Plc (LON:RAT) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 63 ($0.80) per share on Tuesday, May 13th. This represents a yield of 3.87%. The ex-dividend date of this dividend 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 Stock Up 3.8 %

RAT opened at GBX 1,480 ($18.84) on Tuesday. The stock has a market cap of £1.54 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. The firm’s fifty day moving average is GBX 1,657.31 and its 200 day moving average is GBX 1,687.31. Rathbones Group has a fifty-two week low of GBX 1,374 ($17.49) and a fifty-two week high of GBX 2,005 ($25.52).

Rathbones Group (LON:RAT) last posted its quarterly earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.06) EPS for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. On average, sell-side analysts forecast that Rathbones Group will post 174.9287749 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Paul Stockton sold 11,767 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of GBX 1,610 ($20.49), for a total transaction of £189,448.70 ($241,151.60). Company insiders own 41.78% of the company’s stock.

Wall Street Analyst Weigh In

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

Rathbones Group Company Profile