Petrofac Limited (PFC) to Issue Dividend of GBX 0.22
Petrofac Limited (LON:PFC) announced a dividend on Tuesday, August 30th. Stockholders of record on Thursday, September 22nd will be given a dividend of GBX 0.22 ($0.00) per share on Friday, October 21st. This represents a dividend yield of 2.06%. The ex-dividend date is Thursday, September 22nd. The official announcement can be viewed at this link.
Shares of Petrofac Limited (LON:PFC) opened at 830.00 on Wednesday. The firm’s market cap is GBX 2.82 billion. Petrofac Limited has a 52 week low of GBX 635.00 and a 52 week high of GBX 1,016.09. The firm has a 50-day moving average price of GBX 827.59 and a 200-day moving average price of GBX 824.16.
Several analysts recently weighed in on PFC shares. Barclays PLC restated an “overweight” rating on shares of Petrofac Limited in a research report on Monday, September 12th. JPMorgan Chase & Co. dropped their price objective on Petrofac Limited from GBX 913 ($11.92) to GBX 900 ($11.75) and set an “overweight” rating for the company in a research report on Wednesday, June 22nd. Liberum Capital restated a “buy” rating and set a GBX 1,000 ($13.05) price objective on shares of Petrofac Limited in a research report on Tuesday, August 30th. Finally, Macquarie restated an “outperform” rating on shares of Petrofac Limited in a research report on Tuesday, May 24th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 947.80 ($12.37).
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About Petrofac Limited
Petrofac Limited is an international service provider to the oil and gas production and processing industry. The Company designs, builds, operates and maintains oil and gas facilities, delivered through a range of commercial models, enabling it to respond to the distinct needs of each client and enabling them to manage their assets across the oil and gas life cycle.
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