Quilter plc (LON:QLT) Declares Dividend Increase – GBX 3.70 Per Share

Quilter plc (LON:QLTGet Free Report) announced a dividend on Wednesday, March 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 3.70 ($0.05) per share on Tuesday, May 28th. This represents a dividend yield of 3.64%. The ex-dividend date is Thursday, April 18th. This is a boost from Quilter’s previous dividend of $1.50. The official announcement can be seen at this link.

Quilter Trading Up 1.2 %

Shares of QLT stock opened at GBX 101.60 ($1.26) on Wednesday. The company has a debt-to-equity ratio of 18.37, a quick ratio of 0.05 and a current ratio of 1.21. Quilter has a 52-week low of GBX 71.20 ($0.89) and a 52-week high of GBX 109.80 ($1.37). The company has a market capitalization of £1.41 billion, a PE ratio of 3,346.67, a price-to-earnings-growth ratio of 4.18 and a beta of 1.08. The business’s fifty day moving average is GBX 102.67 and its 200 day moving average is GBX 96.97.

Insider Buying and Selling

In related news, insider Mark Satchel sold 41,557 shares of the stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of GBX 103 ($1.28), for a total value of £42,803.71 ($53,284.84). 5.28% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price objective on Quilter from GBX 95 ($1.18) to GBX 105 ($1.31) and gave the stock a “hold” rating in a research report on Tuesday, March 12th.

View Our Latest Report on QLT

About Quilter

(Get Free Report)

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.

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Dividend History for Quilter (LON:QLT)

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