Pendragon PLC Announces Dividend of GBX 0.75 (PDG)
Pendragon PLC (LON:PDG) announced a dividend on Tuesday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, September 21st will be paid a dividend of GBX 0.75 ($0.01) per share on Tuesday, October 24th. This represents a yield of 2.33%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be accessed at this link.
Shares of Pendragon PLC (PDG) traded down 0.78% during mid-day trading on Friday, reaching GBX 31.75. The company had a trading volume of 1,994,875 shares. The firm’s market capitalization is GBX 451.39 million. Pendragon PLC has a one year low of GBX 25.10 and a one year high of GBX 39.25. The stock has a 50 day moving average of GBX 31.89 and a 200-day moving average of GBX 33.08.
Several equities analysts have recently weighed in on PDG shares. Liberum Capital reiterated a “buy” rating and set a GBX 43 ($0.56) price objective on shares of Pendragon PLC in a report on Tuesday, August 1st. Jefferies Group LLC reiterated a “buy” rating and set a GBX 55 ($0.71) price objective on shares of Pendragon PLC in a report on Friday, July 28th. Finally, Canaccord Genuity reiterated a “hold” rating and set a GBX 36 ($0.46) price objective on shares of Pendragon PLC in a report on Tuesday, August 1st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 43.40 ($0.56).
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In other Pendragon PLC news, insider Chris Chambers bought 500,000 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were bought at an average price of GBX 30 ($0.39) per share, for a total transaction of £150,000 ($193,723.36).
Pendragon PLC Company Profile
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