Aviva plc (LON:AV) Announces Dividend of GBX 23.80

Aviva plc (LON:AV - Get Free Report) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 23.80 ($0.31) per share on Friday, June 20th. This represents a yield of 4.25%. The ex-dividend date is Thursday, April 24th. This is a 100.0% increase from Aviva's previous dividend of $11.90. The official announcement can be seen at this link.

Aviva Stock Up 4.2 %

Shares of AV stock traded up GBX 19.90 ($0.26) during trading hours on Friday, reaching GBX 496.30 ($6.50). The company had a trading volume of 10,736,090 shares. The company has a market cap of £13.33 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89. The company has a debt-to-equity ratio of 68.87, a current ratio of 2.93 and a quick ratio of 1.57. Aviva has a 12 month low of GBX 390.70 ($5.11) and a 12 month high of GBX 510.20 ($6.68). The business has a fifty day simple moving average of GBX 529.03 and a 200-day simple moving average of GBX 495.79.

Aviva (LON:AV - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 23.60 ($0.31) earnings per share (EPS) for the quarter. Aviva had a net margin of 3.52% and a return on equity of 14.82%. On average, research analysts expect that Aviva will post 46.4942529 earnings per share for the current fiscal year.

Remove Ads

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lifted their price target on Aviva from GBX 615 ($8.05) to GBX 635 ($8.31) and gave the stock an "overweight" rating in a report on Thursday, March 6th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Aviva presently has a consensus rating of "Buy" and a consensus target price of GBX 585.67 ($7.67).

Insider Transactions at Aviva

In other Aviva news, insider Amanda Blanc sold 523,728 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 555 ($7.26), for a total transaction of £2,906,690.40 ($3,804,568.59). 0.17% of the stock is currently owned by company insiders.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.