Pagegroup PLC (PAGE) to Issue Dividend Increase – GBX 16.63 Per Share
Pagegroup PLC (LON:PAGE) declared a dividend on Thursday, August 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be paid a dividend of GBX 16.63 ($0.22) per share on Wednesday, October 11th. This represents a dividend yield of 3.37%. The ex-dividend date is Thursday, September 7th. This is an increase from Pagegroup PLC’s previous dividend of $8.23. The official announcement can be viewed at this link.
Pagegroup PLC (LON:PAGE) traded down 0.39% during mid-day trading on Friday, reaching GBX 508.50. 903,933 shares of the company’s stock traded hands. Pagegroup PLC has a 52 week low of GBX 323.70 and a 52 week high of GBX 514.14. The stock’s 50 day moving average is GBX 489.18 and its 200-day moving average is GBX 468.02. The stock’s market capitalization is GBX 1.59 billion.
PAGE has been the topic of several analyst reports. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 540 ($6.98) target price on shares of Pagegroup PLC in a report on Wednesday, July 12th. Citigroup Inc. reissued a “buy” rating and set a GBX 600 ($7.76) price objective on shares of Pagegroup PLC in a report on Friday, August 11th. Liberum Capital reissued a “buy” rating and set a GBX 455 ($5.88) price objective on shares of Pagegroup PLC in a report on Thursday, August 10th. Morgan Stanley raised their price objective on shares of Pagegroup PLC from GBX 450 ($5.82) to GBX 458 ($5.92) and gave the stock an “equal weight” rating in a report on Tuesday, July 4th. Finally, Panmure Gordon reissued a “hold” rating and set a GBX 450 ($5.82) price objective on shares of Pagegroup PLC in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. Pagegroup PLC has an average rating of “Hold” and a consensus target price of GBX 469.57 ($6.07).
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Pagegroup PLC Company Profile
PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.
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