Schroders plc (LON:SDR) Plans Dividend of GBX 6.50

Schroders plc (LON:SDR) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 22nd will be paid a dividend of GBX 6.50 ($0.08) per share on Thursday, September 26th. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be accessed at this link.

Schroders Stock Down 3.4 %

Shares of Schroders stock opened at GBX 342.40 ($4.40) on Friday. The company has a market cap of £5.51 billion, a P/E ratio of 1,430.83, a PEG ratio of 1.44 and a beta of 1.18. The company has a debt-to-equity ratio of 7.14, a quick ratio of 4.32 and a current ratio of 1.17. Schroders has a one year low of GBX 340.60 ($4.38) and a one year high of GBX 447.60 ($5.76). The firm has a fifty day moving average of GBX 380.71 and a two-hundred day moving average of GBX 383.82.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut their price target on shares of Schroders from GBX 380 ($4.89) to GBX 375 ($4.82) and set a “sector perform” rating for the company in a report on Tuesday, April 30th.

Schroders Company Profile

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.