London Stock Exchange Group plc (LSEG) to Issue Dividend of GBX 79.30 on May 22nd

London Stock Exchange Group plc (LON:LSEG) announced a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 79.30 ($0.99) per share on Wednesday, May 22nd. This represents a yield of 0.89%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from London Stock Exchange Group’s previous dividend of $35.70. The official announcement can be accessed at this link.

London Stock Exchange Group Trading Down 0.8 %

London Stock Exchange Group stock opened at GBX 9,193.27 ($114.44) on Tuesday. The stock has a 50-day moving average of GBX 9,180.38 and a two-hundred day moving average of GBX 8,913.19. London Stock Exchange Group has a one year low of GBX 7,784 ($96.90) and a one year high of GBX 9,696 ($120.70). The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00. The stock has a market cap of £49.24 billion, a PE ratio of 6,717.39, a price-to-earnings-growth ratio of 3.03 and a beta of 0.33.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LSEG shares. Citigroup reaffirmed a “top pick” rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Berenberg Bank raised their price target on shares of London Stock Exchange Group from £106 ($131.96) to £110 ($136.94) and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of £101.64 ($126.53).

Insider Buying and Selling

In other London Stock Exchange Group news, insider David Schwimmer sold 11,999 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($120.05), for a total transaction of £1,157,183.56 ($1,440,537.23). In related news, insider Cressida Hogg purchased 533 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were bought at an average price of GBX 9,410 ($117.14) per share, for a total transaction of £50,155.30 ($62,436.57). Also, insider David Schwimmer sold 11,999 shares of London Stock Exchange Group stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($120.05), for a total value of £1,157,183.56 ($1,440,537.23). 10.32% of the stock is owned by corporate insiders.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.