Polar Capital Global Financials (LON:PCFT) Increases Dividend to GBX 2.50 Per Share

Polar Capital Global Financials (LON:PCFT) declared a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 1st will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, August 30th. This represents a dividend yield of 1.49%. The ex-dividend date is Thursday, August 1st. This is a positive change from Polar Capital Global Financials’s previous dividend of $2.10. The official announcement can be accessed at this link.

Polar Capital Global Financials Price Performance

Shares of LON:PCFT traded down GBX 0.40 ($0.01) during midday trading on Thursday, hitting GBX 167.60 ($2.13). The company had a trading volume of 538,039 shares, compared to its average volume of 715,912. The business’s 50-day simple moving average is GBX 166.84 and its 200-day simple moving average is GBX 158.66. The stock has a market cap of £510.66 million, a price-to-earnings ratio of -3,352.00 and a beta of 0.99. The company has a debt-to-equity ratio of 14.14, a current ratio of 6.77 and a quick ratio of 0.68. Polar Capital Global Financials has a twelve month low of GBX 130.40 ($1.65) and a twelve month high of GBX 173 ($2.19).

Polar Capital Global Financials Company Profile

Polar Capital Global Financials Trust plc is a closed-ended equity mutual fund launched and managed by Polar Capital LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the financials sector. It invests in stocks of companies across all market capitalizations.