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.

In other Thomson Reuters news, Director Marc E. Gold sold 16,000 shares of the business’s stock in a transaction on Friday, June 8th. The shares were sold at an average price of C$40.65, for a total transaction of C$650,400.00. Also, insider Woodbridge Company Limited The purchased 2,222 shares of the firm’s stock in a transaction on Friday, May 25th. The shares were acquired at an average price of C$50.19 per share, with a total value of C$111,522.18. Insiders sold a total of 38,372 shares of company stock valued at $1,558,508 in the last quarter.

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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