Prudential Public Limited Company Shares Gap Up After Dividend Announcement (PUK)
Prudential Public Limited Company (NYSE:PUK)’s share price gapped up prior to trading on Wednesday after the company announced a dividend, Stock Ratings News reports. The stock had previously closed at $45.59, but opened at $46.13. Prudential Public Limited Company shares last traded at $46.90, with a volume of 90,753 shares changing hands.
The newly announced dividend is scheduled for Thursday, October 2nd. Investors of record on Friday, August 22nd will be given a dividend of $0.3758 per share. This represents a yield of 3.43%. The ex-dividend date is Wednesday, August 20th.
PUK has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Prudential Public Limited Company in a research note on Wednesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Prudential Public Limited Company in a research note on Wednesday. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Prudential Public Limited Company in a research note on Wednesday. Ten research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy”.
The stock has a 50-day moving average of $46.42 and a 200-day moving average of $45.3. The company has a market cap of $59.798 billion and a price-to-earnings ratio of 26.09.
Prudential plc (NYSE:PUK) is an international financial services group, with operations in Asia, the United States and the United Kingdom.
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