Pendragon PLC (PDG) To Go Ex-Dividend on September 21st
Pendragon PLC (LON:PDG) announced a dividend on Tuesday, August 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 0.75 ($0.01) per share on Tuesday, October 24th. This represents a dividend yield of 2.33%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be viewed at this link.
Shares of Pendragon PLC (LON:PDG) traded down 0.78% on Friday, reaching GBX 31.75. 1,994,875 shares of the company traded hands. The stock’s 50 day moving average price is GBX 31.89 and its 200-day moving average price is GBX 33.08. Pendragon PLC has a one year low of GBX 25.10 and a one year high of GBX 39.25. The stock’s market capitalization is GBX 451.39 million.
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In related news, insider Chris Chambers purchased 500,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were acquired at an average price of GBX 30 ($0.39) per share, for a total transaction of £150,000 ($193,723.36).
PDG has been the topic of several analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 55 ($0.71) target price on shares of Pendragon PLC in a research note on Friday, July 28th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 43 ($0.56) target price on shares of Pendragon PLC in a research note on Tuesday, August 1st. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 36 ($0.46) target price on shares of Pendragon PLC in a research note on Tuesday, August 1st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 43.40 ($0.56).
Pendragon PLC Company Profile
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