Schroders plc (LON:SDR - Get Free Report) declared a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 10 ($0.13) per share on Thursday, May 8th. This represents a yield of 3.88%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 53.8% increase from Schroders's previous dividend of $6.50. The official announcement can be seen at this link.
Schroders Price Performance
SDR stock traded down GBX 0.80 ($0.01) during mid-day trading on Friday, hitting GBX 357.80 ($4.63). The company had a trading volume of 8,279,764 shares, compared to its average volume of 6,033,924. The company has a 50-day moving average price of GBX 370.23 and a 200 day moving average price of GBX 344.41. Schroders has a 12-month low of GBX 298.60 ($3.86) and a 12-month high of GBX 428.80 ($5.55). The company has a market capitalization of £5.55 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.
Schroders (LON:SDR - Get Free Report) last posted its earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, research analysts anticipate that Schroders will post 33.7347131 earnings per share for the current year.
Analyst Ratings Changes
SDR has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Schroders from GBX 375 ($4.85) to GBX 400 ($5.18) and gave the company a "hold" rating in a report on Friday, March 7th. Royal Bank of Canada lifted their price objective on shares of Schroders from GBX 395 ($5.11) to GBX 475 ($6.15) and gave the stock an "outperform" rating in a research note on Thursday, March 20th.
View Our Latest Stock Report on SDR
Insider Activity
In other news, insider Richard Oldfield bought 80 shares of Schroders stock in a transaction dated Friday, January 10th. The shares were acquired at an average price of GBX 313 ($4.05) per share, with a total value of £250.40 ($324.10). Corporate insiders own 43.09% of the company's stock.
About Schroders
(
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Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.
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