Ninety One Group (LON:N91) to Issue GBX 5.90 Dividend

Ninety One Group (LON:N91) declared a dividend on Wednesday, November 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 7th will be paid a dividend of GBX 5.90 ($0.07) per share on Friday, December 22nd. This represents a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be accessed at this link.

Ninety One Group Stock Up 2.1 %

Shares of LON N91 opened at GBX 176.30 ($2.17) on Thursday. The stock has a market cap of £1.10 billion, a PE ratio of 958.89, a PEG ratio of 15.99 and a beta of 0.63. The business has a fifty day moving average of GBX 165.74 and a two-hundred day moving average of GBX 168.64. Ninety One Group has a 52-week low of GBX 151.90 ($1.87) and a 52-week high of GBX 214.20 ($2.63). The company has a debt-to-equity ratio of 29.35, a quick ratio of 0.07 and a current ratio of 1.03.

Insider Activity at Ninety One Group

In other Ninety One Group news, insider Kim Mary McFarland purchased 11,392 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average cost of GBX 167 ($2.05) per share, with a total value of £19,024.64 ($23,363.18). In other Ninety One Group news, insider Kim Mary McFarland purchased 11,392 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average cost of GBX 167 ($2.05) per share, with a total value of £19,024.64 ($23,363.18). Also, insider Hendrik du Toit purchased 230,000 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The stock was acquired at an average cost of GBX 165 ($2.03) per share, with a total value of £379,500 ($466,044.46). Insiders acquired 291,392 shares of company stock valued at $48,252,464 over the last ninety days. 42.23% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Ninety One Group in a report on Thursday, September 28th.

About Ninety One Group

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.