Sasol Limited Declares Semiannual Dividend of $1.34 (SSL)
Sasol Limited (NYSE:SSL) announced a semiannual dividend on Thursday, September 12th, American Banking & Market News reports. Shareholders of record on Friday, October 11th will be paid a dividend of $1.3357 per share on Thursday, October 24th. This represents a dividend yield of 5.55%. The ex-dividend date is Wednesday, October 9th.
On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Sasol Limited (NYSE:SSL) in a research note to investors on Monday, August 12th. They now have a $50.00 price target on the stock.
Six equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of $50.00.
Shares of Sasol Limited (NYSE:SSL) traded down 1.33% on Thursday, hitting $48.12. 167,347 shares of the company’s stock traded hands. Sasol Limited has a 52 week low of $39.94 and a 52 week high of $49.50. The stock’s 50-day moving average is $46.99 and its 200-day moving average is $44.50. The company has a market cap of $30.707 billion and a price-to-earnings ratio of 11.89.
Sasol Limited (NYSE:SSL) is an integrated energy and chemicals company.
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