Pearson PLC (NYSE:PSO) announced a special dividend on Monday, March 12th, Wall Street Journal reports. Shareholders of record on Friday, April 6th will be given a dividend of 0.1666 per share on Wednesday, May 16th. The ex-dividend date of this dividend is Thursday, April 5th.
Pearson has decreased its dividend payment by an average of 14.7% per year over the last three years. Pearson has a dividend payout ratio of 20.3% indicating that its dividend is sufficiently covered by earnings.
Pearson (PSO) traded up $0.18 during trading hours on Monday, reaching $10.60. The company’s stock had a trading volume of 269,431 shares, compared to its average volume of 304,592. Pearson has a 52 week low of $7.62 and a 52 week high of $10.69. The company has a quick ratio of 1.94, a current ratio of 2.03 and a debt-to-equity ratio of 0.27.
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.