Petershill Partners (LON:PHLL) Plans Dividend Increase – $0.14 Per Share

Petershill Partners (LON:PHLL) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be paid a dividend of $0.14 per share on Thursday, October 31st. This represents a dividend yield of 4.83%. The ex-dividend date is Thursday, September 26th. This is an increase from Petershill Partners’s previous dividend of $0.10. The official announcement can be viewed at this link.

Petershill Partners Stock Performance

Shares of PHLL opened at GBX 219 ($2.89) on Wednesday. The company has a debt-to-equity ratio of 10.22, a quick ratio of 6.11 and a current ratio of 4.56. The company has a market capitalization of £2.37 billion, a price-to-earnings ratio of 987.57, a PEG ratio of 1.24 and a beta of 0.59. The company’s 50 day simple moving average is GBX 217.49 and its 200 day simple moving average is GBX 204.32. Petershill Partners has a 1 year low of GBX 140 ($1.85) and a 1 year high of GBX 229 ($3.03).

Analyst Ratings Changes

PHLL has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 245 ($3.24) price objective on shares of Petershill Partners in a research note on Thursday, September 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 235 ($3.10) price target on shares of Petershill Partners in a research report on Wednesday.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.