Thomson Reuters (TRI) Hits New 12-Month High at $56.27
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) reached a new 52-week high during trading on Monday . The stock traded as high as C$56.27 and last traded at C$56.30, with a volume of 194504 shares traded. The stock had previously closed at C$56.09.
Several equities research analysts recently commented on the stock. National Bank Financial lifted their target price on shares of Thomson Reuters from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Berenberg Bank lifted their target price on shares of Thomson Reuters from C$42.00 to C$45.00 in a research report on Tuesday, July 31st.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Thursday, August 16th will be paid a $0.449 dividend. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $1.80 annualized dividend and a dividend yield of 3.19%. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.35.
About Thomson Reuters (TSE:TRI)
Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.
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