Palace Capital Plc Announces Dividend of GBX 3.75 (LON:PCA)

Palace Capital Plc (LON:PCAGet Rating) announced a dividend on Thursday, November 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 22nd will be given a dividend of GBX 3.75 ($0.04) per share on Friday, January 13th. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, December 22nd. The official announcement can be seen at this link.

Palace Capital Stock Performance

Palace Capital stock opened at GBX 209.26 ($2.47) on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 57.77. The company has a market capitalization of £92.14 million and a P/E ratio of 394.83. The stock’s 50 day moving average is GBX 225.29 and its 200 day moving average is GBX 256.50. Palace Capital has a twelve month low of GBX 195 ($2.31) and a twelve month high of GBX 297 ($3.51).

Insider Buying and Selling at Palace Capital

In other Palace Capital news, insider Matthew Simpson bought 8,471 shares of the business’s stock in a transaction on Thursday, October 20th. The shares were acquired at an average cost of GBX 236 ($2.79) per share, for a total transaction of £19,991.56 ($23,639.07).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Palace Capital in a research note on Thursday.

Palace Capital Company Profile

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Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.

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Dividend History for Palace Capital (LON:PCA)

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