Quilter plc (LON:QLT) Announces GBX 1.70 Dividend

Quilter plc (LON:QLT) announced a dividend on Wednesday, August 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be given a dividend of GBX 1.70 ($0.02) per share on Monday, September 23rd. This represents a yield of 1.33%. The ex-dividend date of this dividend is Thursday, August 29th. The official announcement can be seen at this link.

Quilter Stock Up 3.1 %

QLT stock opened at GBX 131.50 ($1.68) on Wednesday. The company’s 50 day moving average is GBX 121.44 and its two-hundred day moving average is GBX 110.93. The stock has a market cap of £1.83 billion, a P/E ratio of 4,386.67, a PEG ratio of 4.18 and a beta of 1.08. Quilter has a twelve month low of GBX 73 ($0.93) and a twelve month high of GBX 137 ($1.75). The company has a current ratio of 1.21, a quick ratio of 0.05 and a debt-to-equity ratio of 18.37.

Analyst Ratings Changes

Several brokerages have issued reports on QLT. JPMorgan Chase & Co. raised shares of Quilter to an “overweight” rating in a research note on Monday, June 3rd. Berenberg Bank reissued a “hold” rating and set a GBX 105 ($1.34) target price on shares of Quilter in a research report on Thursday, April 25th. Finally, Citigroup raised shares of Quilter to a “neutral” rating in a research report on Friday, May 31st.

Quilter Company Profile

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.