The Property Franchise Group PLC (LON:TPFG) Declares Dividend of GBX 12

The Property Franchise Group PLC (LON:TPFG - Get Free Report) announced a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be paid a dividend of GBX 12 ($0.16) per share on Monday, April 21st. This represents a dividend yield of 2.93%. The ex-dividend date is Thursday, April 17th. This is a 100.0% increase from The Property Franchise Group's previous dividend of $6.00. The official announcement can be seen at this link.

The Property Franchise Group Price Performance

LON TPFG traded up GBX 5.29 ($0.07) during trading hours on Friday, hitting GBX 411.29 ($5.38). 862,494 shares of the company's stock traded hands, compared to its average volume of 111,244. The Property Franchise Group has a 52-week low of GBX 336.55 ($4.41) and a 52-week high of GBX 490 ($6.41). The company has a market capitalization of £261.59 million, a PE ratio of 16.99 and a beta of 0.42. The firm's 50-day moving average is GBX 428.50 and its 200-day moving average is GBX 422.50.

The Property Franchise Group (LON:TPFG - Get Free Report) last issued its earnings results on Tuesday, April 8th. The company reported GBX 31.70 ($0.41) earnings per share (EPS) for the quarter. The Property Franchise Group had a return on equity of 8.40% and a net margin of 18.96%. Equities research analysts predict that The Property Franchise Group will post 34.5809601 earnings per share for the current fiscal year.

Insider Activity at The Property Franchise Group

In other The Property Franchise Group news, insider Michelle Brook sold 8,788 shares of the business's stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 439 ($5.75), for a total value of £38,579.32 ($50,496.49). 19.92% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised their price target on shares of The Property Franchise Group from GBX 589 ($7.71) to GBX 595 ($7.79) and gave the stock a "buy" rating in a report on Tuesday, April 8th.

The Property Franchise Group Company Profile

The Property Franchise Group PLC AIM: TPFG is the UK's largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business. The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.