H&T Group plc (LON:HAT) Announces Dividend Increase - GBX 11 Per Share

H&T Group plc (LON:HAT - Get Free Report) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors of record on Thursday, May 29th will be given a dividend of GBX 11 ($0.14) per share on Friday, June 27th. This represents a yield of 2.84%. The ex-dividend date is Thursday, May 29th. This is a 57.1% increase from H&T Group's previous dividend of $7.00. The official announcement can be accessed at this link.

H&T Group Stock Down 2.0 %

LON HAT traded down GBX 8 ($0.10) during trading on Friday, reaching GBX 395 ($5.12). 103,257 shares of the company's stock were exchanged, compared to its average volume of 90,709. The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82. H&T Group has a fifty-two week low of GBX 325.50 ($4.22) and a fifty-two week high of GBX 440 ($5.71). The company's fifty day simple moving average is GBX 354.53 and its 200-day simple moving average is GBX 360.30. The firm has a market capitalization of £172.12 million, a PE ratio of 7.82 and a beta of 0.69.

H&T Group (LON:HAT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.66) EPS for the quarter. H&T Group had a net margin of 9.06% and a return on equity of 12.14%. Sell-side analysts predict that H&T Group will post 54.3859649 EPS for the current year.

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Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HAT. Canaccord Genuity Group upped their price target on shares of H&T Group from GBX 531 ($6.89) to GBX 559 ($7.25) and gave the stock a "buy" rating in a research note on Tuesday. Shore Capital reaffirmed a "house stock" rating on shares of H&T Group in a research report on Tuesday.

H&T Group Company Profile

H&T is the UK's largest pawnbroker and provides a range of financial services to meet customers' needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches. Our ambition is to make pawnbroking a more widely accepted and valued finance service.