Pearson PLC (ADR) (PSO) Plans Semiannual Dividend of $0.29
Pearson PLC (NYSE:PSO) declared a semiannual dividend on Tuesday, July 29th, Analyst Ratings Network.com reports. Stockholders of record on Friday, August 15th will be given a dividend of 0.2888 per share on Wednesday, September 17th. This represents a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, August 13th.
A number of research firms have recently commented on PSO. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Pearson PLC in a research note on Monday. On a related note, analysts at Barclays reiterated an “equal weight” rating on shares of Pearson PLC in a research note on Monday. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Pearson PLC in a research note on Friday. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $20.10.
Pearson PLC (NYSE:PSO) traded down 1.52% during mid-day trading on Tuesday, hitting $19.40. 217,227 shares of the company’s stock traded hands. Pearson PLC has a 52-week low of $16.58 and a 52-week high of $22.40. The stock’s 50-day moving average is $19.20 and its 200-day moving average is $18.63. The company has a market cap of $15.710 billion and a P/E ratio of 12.16.
Pearson plc (NYSE:PSO) is an international media and education company with its principal operations in the education, business information and consumer publishing markets.
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