St. James’s Place plc (LON:STJ) Announces Dividend Increase – GBX 28.40 Per Share

St. James’s Place plc (LON:STJ) declared a dividend on Monday, March 10th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be given a dividend of GBX 28.40 ($0.37) per share on Thursday, May 1st. This represents a yield of 1.52%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 136.7% increase from St. James’s Place’s previous dividend of $12.00. The official announcement can be accessed at this link.

St. James’s Place Stock Performance

Shares of STJ opened at GBX 892.60 ($11.77) on Tuesday. The company’s 50 day simple moving average is GBX 1,011.32 and its 200-day simple moving average is GBX 901.03. The firm has a market cap of £4.83 billion, a PE ratio of -748.13, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. St. James’s Place has a 12-month low of GBX 393.60 ($5.19) and a 12-month high of GBX 1,153.96 ($15.22). The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10.

St. James’s Place (LON:STJ) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 73 ($0.96) EPS for the quarter. St. James’s Place had a negative net margin of 0.02% and a negative return on equity of 0.63%. As a group, equities analysts predict that St. James’s Place will post 67.9947461 EPS for the current year.

Insider Activity

In other news, insider Rooney Anand purchased 10,509 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of GBX 1,032 ($13.61) per share, with a total value of £108,452.88 ($143,002.22). Corporate insiders own 0.72% of the company’s stock.

About St. James’s Place

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.