Jtc Plc (LON:JTC) Announces Dividend Increase – GBX 8.24 Per Share

Jtc Plc (LON:JTC) declared a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 8.24 ($0.11) per share on Tuesday, April 22nd. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, April 17th. This is a 91.6% increase from JTC’s previous dividend of $4.30. The official announcement can be accessed at this link.

JTC Stock Performance

Shares of JTC stock opened at GBX 875 ($11.54) on Tuesday. JTC has a 52 week low of GBX 751 ($9.90) and a 52 week high of GBX 1,178 ($15.53). The company has a market capitalization of £1.47 billion, a PE ratio of 49.07 and a beta of 0.68. The stock’s fifty day moving average is GBX 927.02 and its two-hundred day moving average is GBX 981.29. The company has a quick ratio of 2.70, a current ratio of 1.92 and a debt-to-equity ratio of 43.81.

Insider Transactions at JTC

In other JTC news, insider Dawn Marriott purchased 10,644 shares of JTC stock in a transaction dated Friday, February 28th. The stock was acquired at an average price of GBX 939 ($12.38) per share, for a total transaction of £99,947.16 ($131,786.87). Corporate insiders own 10.16% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of JTC in a research note on Tuesday, April 8th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,400 ($18.46) target price on shares of JTC in a research report on Tuesday, April 8th.

About JTC

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all of our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.