Quilter (LON:QLT) Trading 0.6% Higher - Here's Why

Quilter plc (LON:QLT - Get Free Report)'s stock price was up 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 158.40 ($2.05) and last traded at GBX 157.70 ($2.04). Approximately 121,404,766 shares were traded during trading, an increase of 1,202% from the average daily volume of 9,322,353 shares. The stock had previously closed at GBX 156.70 ($2.03).

Quilter Stock Down 1.0 %

The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The firm's 50-day moving average is GBX 156.54 and its 200 day moving average is GBX 148.40. The firm has a market capitalization of £2.06 billion, a PE ratio of 41.65, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

Quilter (LON:QLT - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) EPS for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. As a group, research analysts forecast that Quilter plc will post 9.004676 earnings per share for the current fiscal year.

Quilter Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 4.20 ($0.05) per share. This is an increase from Quilter's previous dividend of $1.70. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 2.7%. Quilter's dividend payout ratio (DPR) is presently 134.44%.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world's largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.