Standard Life Plc (LON:SL) announced a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 7th will be paid a dividend of GBX 7 ($0.09) per share on Wednesday, October 18th. This represents a yield of 1.61%. The ex-dividend date of this dividend is Thursday, September 7th. The official announcement can be viewed at this link.

Shares of Standard Life Plc (LON:SL) traded down 1.52% during mid-day trading on Wednesday, reaching GBX 435.40. 5,718,868 shares of the company were exchanged. Standard Life Plc has a 12 month low of GBX 322.76 and a 12 month high of GBX 447.60. The firm’s 50-day moving average is GBX 416.18 and its 200-day moving average is GBX 382.60. The company’s market capitalization is GBX 8.61 billion.

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Several equities analysts recently commented on the stock. Numis Securities Ltd restated an “add” rating and issued a GBX 465 ($6.06) price target on shares of Standard Life Plc in a research note on Monday, July 17th. HSBC Holdings plc upgraded shares of Standard Life Plc to a “buy” rating and upped their price target for the company from GBX 400 ($5.21) to GBX 460 ($5.99) in a research note on Friday, July 14th. Deutsche Bank AG upped their price target on shares of Standard Life Plc from GBX 400 ($5.21) to GBX 420 ($5.47) and gave the company a “hold” rating in a research note on Tuesday, June 27th. Shore Capital restated a “hold” rating on shares of Standard Life Plc in a research note on Wednesday, May 10th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 400 ($5.21) price target on shares of Standard Life Plc in a research note on Tuesday, April 25th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. Standard Life Plc currently has a consensus rating of “Hold” and an average target price of GBX 405.93 ($5.29).

About Standard Life Plc

Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.

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