Qiwi PLC (QIWI) Plans Quarterly Dividend of $0.29
Qiwi PLC (NASDAQ:QIWI) declared a quarterly dividend on Wednesday, May 21st, Stock Ratings News reports. Stockholders of record on Monday, June 2nd will be given a dividend of 0.29 per share on Tuesday, June 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 2.75%.
QIWI has been the subject of a number of recent research reports. Analysts at Standpoint Research initiated coverage on shares of Qiwi PLC in a research note on Wednesday, April 16th. They set a “buy” rating and a $44.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of Qiwi PLC from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. They now have a $31.70 price target on the stock. Finally, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Qiwi PLC in a research note on Friday, March 21st. They now have a $32.00 price target on the stock, down previously from $35.00. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Qiwi PLC presently has a consensus rating of “Buy” and a consensus price target of $42.78.
Qiwi PLC (NASDAQ:QIWI) traded up 1.21% during mid-day trading on Thursday, hitting $42.63. 479,536 shares of the company’s stock traded hands. Qiwi PLC has a 1-year low of $14.51 and a 1-year high of $59.24. The stock’s 50-day moving average is $32.00 and its 200-day moving average is $40.3. The company has a market cap of $2.222 billion and a price-to-earnings ratio of 36.59.
Qiwi PLC (NASDAQ:QIWI) last released its earnings data on Wednesday, May 21st. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.08. The company had revenue of $52.60 million for the quarter, compared to the consensus estimate of $44.24 million. During the same quarter in the previous year, the company posted $7.02 earnings per share. The company’s revenue for the quarter was up 46.2% on a year-over-year basis. Analysts expect that Qiwi PLC will post $1.52 EPS for the current fiscal year.
QIWI plc. is a provider of payment services in Russia and Commonwealth of Independent States (NASDAQ:QIWI).
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