Prudential plc (PRU) to Issue Dividend of $0.14 on May 16th

Prudential plc (LON:PRUGet Free Report) declared a dividend on Wednesday, March 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.14 per share by the financial services provider on Thursday, May 16th. This represents a yield of 1.43%. The ex-dividend date is Thursday, March 28th. This is a boost from Prudential’s previous dividend of $0.06. The official announcement can be seen at this link.

Prudential Stock Performance

Shares of Prudential stock opened at GBX 768.40 ($9.78) on Friday. The stock’s fifty day moving average is GBX 803.65 and its two-hundred day moving average is GBX 855.31. The company has a market capitalization of £21.13 billion, a PE ratio of 766.67, a price-to-earnings-growth ratio of 0.36 and a beta of 1.29. The company has a quick ratio of 0.67, a current ratio of 1.54 and a debt-to-equity ratio of 31.01. Prudential has a 52 week low of GBX 718.80 ($9.15) and a 52 week high of GBX 1,234 ($15.71).

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PRU. Deutsche Bank Aktiengesellschaft lowered their target price on Prudential from GBX 1,420 ($18.08) to GBX 1,400 ($17.82) and set a “buy” rating for the company in a report on Wednesday, November 29th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,800 ($22.92) price objective on shares of Prudential in a research note on Wednesday. Finally, Barclays restated an “overweight” rating and set a GBX 1,640 ($20.88) price objective on shares of Prudential in a research note on Tuesday, February 20th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Prudential currently has an average rating of “Buy” and an average target price of GBX 1,576.80 ($20.07).

Get Our Latest Stock Analysis on PRU

Prudential Company Profile

(Get Free Report)

Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, and Africa. It offers health and protection, as well as non- participating savings products, such as protection and investment-linked products. The company also provides insurance against common critical illnesses; property and casualty; and tropical disease protection, such as dengue, malaria, and measles.

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Dividend History for Prudential (LON:PRU)

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