Hiscox Ltd to Issue Dividend of $0.13 (LON:HSX)

Hiscox Ltd (LON:HSX) announced a dividend on Wednesday, August 7th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.13 per share on Tuesday, September 24th. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be seen at this link.

Hiscox Trading Up 0.6 %

LON:HSX traded up GBX 7 ($0.09) during mid-day trading on Wednesday, reaching GBX 1,202 ($15.35). The company’s stock had a trading volume of 265,844 shares, compared to its average volume of 771,819. The company has a debt-to-equity ratio of 20.47, a current ratio of 9.29 and a quick ratio of 0.10. The stock has a market cap of £4.09 billion, a P/E ratio of 742.24, a P/E/G ratio of -2.30 and a beta of 0.69. The company’s fifty day simple moving average is GBX 1,183.96 and its two-hundred day simple moving average is GBX 1,163.56. Hiscox has a twelve month low of GBX 926.04 ($11.82) and a twelve month high of GBX 1,282 ($16.37).

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Royal Bank of Canada restated a “sector perform” rating and set a GBX 1,275 ($16.28) price objective on shares of Hiscox in a report on Friday, May 3rd. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,200 ($15.32) price objective on shares of Hiscox in a report on Wednesday, May 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Hiscox has a consensus rating of “Hold” and a consensus price target of GBX 1,235 ($15.77).

Hiscox Company Profile

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.