Pendragon PLC Declares Dividend of GBX 0.30 (PDG)
Pendragon PLC (LON:PDG) announced a dividend on Tuesday, August 5th, Stock Ratings Network reports. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 0.30 ($0.01) per share on Monday, October 27th. This represents a dividend yield of 0.92%. The ex-dividend date is Wednesday, September 24th. The official announcement can be accessed at this link.
On a related note, analysts at Jefferies Group reiterated a “buy” rating on shares of Pendragon PLC in a research note on Tuesday. They now have a GBX 47 ($0.79) price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Pendragon PLC presently has an average rating of “Hold” and a consensus price target of GBX 42 ($0.71).
Pendragon PLC (LON:PDG) traded up 4.84% on Tuesday, hitting GBX 32.50. The stock had a trading volume of 2,383,086 shares. Pendragon PLC has a 52 week low of GBX 27.00 and a 52 week high of GBX 41.75. The stock has a 50-day moving average of GBX 29.62 and a 200-day moving average of GBX 31.24. The company’s market cap is £463.3 million.
Pendragon PLC is an automotive retailer with 235 worldwide franchise points. It operates in seven segments: Stratstone, which is a prestige motor car retailer with 98 franchise points, including Aston Martin, BMW, Ferrari, Honda, Jaguar, Land Rover, Lotus, Maserati, Mercedes-Benz, MINI, Morgan, Porsche and Smart as well as five motorcycle franchises; Evans Halshaw, which is a motor car retailer with 133 franchise points, including Chevrolet, Citroen, Dacia, Ford, Hyundai, Kia, Nissan, Peugeot, Renault and Vauxhall; Quicks Used car retailer with seven points in the United Kingdom; California, which is a prestige brands of Aston Martin, Land Rover and Jaguar with nine franchise points in Southern California; Leasing, which is a fleet leasing and contract hire solutions in the United Kingdom; Quickco, which has independent parts wholesale business, and Pinewood, which is a in-house software company that supplies dealer management systems.
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