Rathbones Group Plc Plans Dividend of GBX 24 (LON:RAT)

Rathbones Group Plc (LON:RAT) announced a dividend on Wednesday, March 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be given a dividend of GBX 24 ($0.30) per share on Tuesday, May 14th. This represents a yield of 1.55%. The ex-dividend date is Thursday, April 18th. The official announcement can be viewed at this link.

Rathbones Group Trading Down 0.6 %

Shares of Rathbones Group stock opened at GBX 1,576 ($19.62) on Tuesday. Rathbones Group has a fifty-two week low of GBX 1,436 ($17.88) and a fifty-two week high of GBX 2,050 ($25.52). The company has a debt-to-equity ratio of 9.42, a quick ratio of 0.14 and a current ratio of 1.17. The company has a market cap of £1.43 billion, a P/E ratio of 3,082.35, a price-to-earnings-growth ratio of -26.52 and a beta of 0.68. The firm has a 50-day simple moving average of GBX 1,554.20 and a two-hundred day simple moving average of GBX 1,607.92.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on RAT shares. Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research report on Wednesday, March 6th. Barclays decreased their target price on Rathbones Group from GBX 1,650 ($20.54) to GBX 1,520 ($18.92) and set an “underweight” rating on the stock in a research report on Tuesday, March 12th.

Rathbones Group Company Profile

Rathbones Group Plc, together with its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom, Jersey, and internationally. The company operates in two segments, Investment Management and Funds.