Pendragon PLC (PDG) to Issue Dividend of GBX 0.70 on October 25th
Pendragon PLC (LON:PDG) declared a dividend on Tuesday, August 2nd. Stockholders of record on Thursday, September 22nd will be given a dividend of GBX 0.70 ($0.01) per share on Tuesday, October 25th. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, September 22nd. The official announcement can be viewed at this link.
PDG has been the subject of a number of analyst reports. Liberum Capital reissued a “buy” rating and issued a GBX 50 ($0.65) price target on shares of Pendragon PLC in a report on Tuesday, August 2nd. Jefferies Group reissued a “buy” rating and issued a GBX 55 ($0.72) price target on shares of Pendragon PLC in a report on Friday, June 17th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 35 ($0.46) target price on shares of Pendragon PLC in a research note on Wednesday, August 3rd. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 55 ($0.72) target price on shares of Pendragon PLC in a research note on Friday, June 17th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Pendragon PLC has a consensus rating of “Buy” and a consensus target price of GBX 49.40 ($0.64).
Pendragon PLC (LON:PDG) opened at 31.25 on Wednesday. Pendragon PLC has a 1-year low of GBX 25.52 and a 1-year high of GBX 49.00. The company has a 50-day moving average price of GBX 32.64 and a 200 day moving average price of GBX 34.62. The firm’s market capitalization is GBX 453.03 million.
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