Palace Capital Plc Declares Dividend of GBX 3.75 (LON:PCA)

Palace Capital Plc (LON:PCA) announced a dividend on Thursday, September 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 3.75 ($0.05) per share on Friday, October 25th. This represents a yield of 1.68%. The ex-dividend date is Thursday, September 26th. The official announcement can be seen at this link.

Palace Capital Price Performance

Shares of PCA stock opened at GBX 231 ($3.09) on Wednesday. The company has a market capitalization of £66.74 million, a P/E ratio of -975.00, a P/E/G ratio of 3.37 and a beta of 0.68. The company has a current ratio of 7.06, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48. Palace Capital has a 12 month low of GBX 200 ($2.68) and a 12 month high of GBX 250 ($3.35). The stock has a 50 day moving average of GBX 225.41 and a two-hundred day moving average of GBX 231.76.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Palace Capital in a research note on Thursday, June 6th.

About Palace Capital

Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.