Braemar Plc (LON:BMS) to Issue Dividend of GBX 4.50

Braemar Plc (LON:BMS) declared a dividend on Wednesday, November 6th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 4.50 ($0.06) per share on Monday, January 13th. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be accessed at this link.

Braemar Trading Down 0.6 %

BMS opened at GBX 259.88 ($3.30) on Wednesday. The company has a fifty day moving average price of GBX 274.92 and a two-hundred day moving average price of GBX 288.46. Braemar has a 1-year low of GBX 230 ($2.92) and a 1-year high of GBX 317.64 ($4.03). The company has a market cap of £79.42 million, a P/E ratio of 1,999.08 and a beta of 1.17. The company has a current ratio of 1.42, a quick ratio of 1.23 and a debt-to-equity ratio of 43.61.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 410 ($5.20) target price on shares of Braemar in a research note on Thursday, September 19th.

Braemar Company Profile

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.