Premier Asset Management Group PLC (LON:PAM) declared a dividend on Thursday, November 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of GBX 4.25 ($0.06) per share on Friday, January 5th. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, December 7th. This is a positive change from Premier Asset Management Group’s previous dividend of $1.25. The official announcement can be accessed at this link.

Shares of Premier Asset Management Group (PAM) traded down GBX 0.45 ($0.01) during mid-day trading on Wednesday, hitting GBX 211.05 ($2.84). The company had a trading volume of 10,824 shares, compared to its average volume of 278,818. Premier Asset Management Group has a 1-year low of GBX 122.82 ($1.65) and a 1-year high of GBX 215 ($2.89).

Several equities research analysts recently commented on PAM shares. Numis Securities boosted their price objective on shares of Premier Asset Management Group from GBX 210 ($2.83) to GBX 225 ($3.03) and gave the stock an “add” rating in a research report on Thursday, November 2nd. Liberum Capital boosted their target price on shares of Premier Asset Management Group from GBX 249 ($3.35) to GBX 279 ($3.76) and gave the company a “buy” rating in a research note on Thursday, November 30th.

In related news, insider Michael Patrick O’Shea sold 483,264 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of GBX 210 ($2.83), for a total value of £1,014,854.40 ($1,365,887.48).

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Premier Asset Management Group Company Profile

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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