Prudential plc (LON:PRU) Plans Dividend of $0.16

Prudential plc (LON:PRUGet Free Report) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of $0.16 per share by the financial services provider on Wednesday, May 14th. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 138.2% increase from Prudential’s previous dividend of $0.07. The official announcement can be viewed at this link.

Prudential Stock Down 0.1 %

PRU opened at GBX 796 ($10.32) on Friday. Prudential has a 1-year low of GBX 594.80 ($7.71) and a 1-year high of GBX 850.68 ($11.03). The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. The stock has a market capitalization of £26.19 billion, a price-to-earnings ratio of 39.76, a P/E/G ratio of 0.40 and a beta of 1.20. The business has a 50 day moving average of GBX 698.63 and a 200-day moving average of GBX 666.24.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 950 ($12.32) price objective on shares of Prudential in a research report on Thursday. Bank of America reaffirmed a “buy” rating and issued a GBX 1,000 ($12.97) target price on shares of Prudential in a research report on Thursday. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Prudential currently has an average rating of “Buy” and a consensus price target of GBX 1,188 ($15.40).

Get Our Latest Stock Analysis on Prudential

Prudential Company Profile

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Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).

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Dividend History for Prudential (LON:PRU)

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