Shares of The Property Franchise Group PLC (LON:TPFG – Get Free Report) traded down 0.6% during trading on Tuesday . The company traded as low as GBX 435.24 ($5.52) and last traded at GBX 437.50 ($5.55). 182,367 shares were traded during trading, an increase of 131% from the average session volume of 78,803 shares. The stock had previously closed at GBX 440 ($5.58).
Analyst Ratings Changes
Separately, Berenberg Bank lifted their price target on shares of The Property Franchise Group from GBX 521 ($6.61) to GBX 589 ($7.47) and gave the company a “buy” rating in a research report on Monday, June 3rd.
Check Out Our Latest Analysis on TPFG
The Property Franchise Group Trading Up 0.4 %
The Property Franchise Group Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, June 12th. Shareholders of record on Thursday, May 16th were issued a GBX 7.40 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, May 16th. This is a boost from The Property Franchise Group’s previous dividend of $2.00. This represents a yield of 2.14%. The Property Franchise Group’s payout ratio is 5,454.55%.
The Property Franchise Group Company Profile
The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.
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