Pearson plc (LON:PSON) Announces GBX 6 Dividend
Pearson plc (LON:PSON) announced a dividend on Friday, July 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be given a dividend of GBX 6 ($0.08) per share on Friday, September 13th. This represents a dividend yield of 0.64%. The ex-dividend date is Thursday, August 15th. The official announcement can be accessed at this link.
PSON stock opened at GBX 810.20 ($10.59) on Wednesday. The company has a debt-to-equity ratio of 48.18, a quick ratio of 1.20 and a current ratio of 1.95. Pearson has a fifty-two week low of GBX 764 ($9.98) and a fifty-two week high of GBX 1,030 ($13.46). The business has a 50-day moving average price of GBX 852.66. The firm has a market cap of $6.39 billion and a PE ratio of 14.07.
A number of analysts recently weighed in on PSON shares. Barclays increased their price objective on shares of Pearson from GBX 790 ($10.32) to GBX 795 ($10.39) and gave the stock an “underweight” rating in a report on Tuesday, July 30th. Credit Suisse Group lowered their target price on shares of Pearson from GBX 800 ($10.45) to GBX 785 ($10.26) and set an “underperform” rating on the stock in a research note on Thursday, May 2nd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,115 ($14.57) target price on shares of Pearson in a research note on Monday, August 5th. Citigroup raised their target price on shares of Pearson from GBX 975 ($12.74) to GBX 1,050 ($13.72) and gave the company a “buy” rating in a research note on Tuesday, July 30th. Finally, Shore Capital reissued a “buy” rating on shares of Pearson in a research note on Friday, August 2nd. Six equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 771.50 ($10.08).
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
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