Jtc Plc (LON:JTC) to Issue GBX 4.30 Dividend

Jtc Plc (LON:JTC) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be given a dividend of GBX 4.30 ($0.06) per share on Friday, October 25th. This represents a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be seen at this link.

JTC Price Performance

Shares of JTC stock opened at GBX 1,048 ($13.84) on Wednesday. The company has a debt-to-equity ratio of 52.51, a quick ratio of 2.70 and a current ratio of 2.25. The firm’s 50-day simple moving average is GBX 1,052.88 and its 200-day simple moving average is GBX 938.08. JTC has a twelve month low of GBX 623.50 ($8.24) and a twelve month high of GBX 1,178 ($15.56). The firm has a market cap of £1.71 billion, a P/E ratio of 7,651.58 and a beta of 0.68.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on JTC shares. Berenberg Bank lifted their target price on shares of JTC from GBX 1,300 ($17.17) to GBX 1,400 ($18.49) and gave the company a “buy” rating in a research report on Monday. Shore Capital reiterated a “hold” rating on shares of JTC in a research report on Tuesday.

About JTC

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.