Investec plc (LON:INVP) declared a dividend on Thursday, May 18th. Shareholders of record on Thursday, July 27th will be paid a dividend of GBX 13 ($0.17) per share on Monday, August 14th. This represents a dividend yield of 2.16%. The ex-dividend date is Thursday, July 27th. This is an increase from Investec plc’s previous dividend of $10.00. The official announcement can be viewed at this link.

Shares of Investec plc (LON:INVP) traded down 0.25% on Thursday, hitting GBX 600.50. 1,897,824 shares of the company’s stock were exchanged. The stock’s market cap is GBX 5.38 billion. The company’s 50-day moving average price is GBX 567.91 and its 200 day moving average price is GBX 555.85. Investec plc has a 12-month low of GBX 387.00 and a 12-month high of GBX 623.00.

Dividend History for Investec plc (LON:INVP)

ILLEGAL ACTIVITY WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/05/18/investec-plc-invp-raises-dividend-to-gbx-13-per-share.html.

INVP has been the subject of several recent analyst reports. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 589 ($7.60) price objective on shares of Investec plc in a research note on Thursday. HSBC Holdings plc raised their price objective on shares of Investec plc from GBX 580 ($7.49) to GBX 710 ($9.16) and gave the company a “buy” rating in a research note on Tuesday, February 7th.

About Investec plc

Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking.

Receive News & Ratings for Investec plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investec plc and related companies with MarketBeat.com's FREE daily email newsletter.