Bunzl plc Declares Dividend of GBX 22.40 (BNZL)
Bunzl plc (LON:BNZL) announced a dividend on Monday, February 24th, StockRatingsNetwork reports. Shareholders of record on Wednesday, May 7th will be paid a dividend of GBX 22.40 ($0.37) per share on Tuesday, July 1st. This represents a dividend yield of 1.41%. The ex-dividend date is Wednesday, May 7th. The official announcement can be accessed at this link.
BNZL has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bunzl plc in a research note on Monday. They now have a GBX 1,426 ($23.72) price target on the stock. On the ratings front, analysts at Numis Securities Ltd downgraded shares of Bunzl plc to an “add” rating in a research note on Monday. They now have a GBX 1,680 ($27.94) price target on the stock. Finally, analysts at Investec reiterated an “add” rating on shares of Bunzl plc in a research note on Monday. Six analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the stock. Bunzl plc has an average rating of “Hold” and an average price target of GBX 1,312.80 ($21.83).
Shares of Bunzl plc (LON:BNZL) traded up 6.88% on Monday, hitting GBX 1585.00. The stock had a trading volume of 1,031,837 shares. Bunzl plc has a 52 week low of GBX 1199.566 and a 52 week high of GBX 1604.00. The stock has a 50-day moving average of GBX 1427.18 and a 200-day moving average of GBX 1383.. The company’s market cap is £5.167 billion.
Bunzl plc is engaged in providing value added distribution and outsourcing services in the Americas, Europe and Australasia.
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