Prudential plc (LON:PRU – Get Rating) announced a dividend on Wednesday, March 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 24th will be paid a dividend of $0.12 per share by the financial services provider on Friday, May 13th. This represents a yield of 0.88%. The ex-dividend date is Thursday, March 24th. This is an increase from Prudential’s previous dividend of $0.05. The official announcement can be viewed at this link.
Shares of LON:PRU opened at GBX 1,081 ($14.16) on Wednesday. The company has a debt-to-equity ratio of 47.43, a current ratio of 1.03 and a quick ratio of 0.03. The stock has a market cap of £29.69 billion and a price-to-earnings ratio of -15.49. Prudential has a 12 month low of GBX 991.40 ($12.99) and a 12 month high of GBX 1,598.50 ($20.94). The stock’s 50 day moving average price is GBX 1,225.10 and its 200 day moving average price is GBX 1,355.10.
PRU has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,640 ($21.49) price target on shares of Prudential in a research report on Wednesday. The Goldman Sachs Group set a GBX 1,761 ($23.07) price target on shares of Prudential in a research report on Monday, February 14th. Citigroup restated a “buy” rating and issued a GBX 1,879 ($24.62) price target on shares of Prudential in a research report on Thursday, November 25th. UBS Group set a GBX 1,655 ($21.69) price objective on shares of Prudential in a research report on Tuesday, February 22nd. Finally, HSBC set a GBX 1,825 ($23.91) price objective on shares of Prudential in a research report on Monday, January 17th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 1,748.45 ($22.91).
Prudential Company Profile
Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, the United States, and Africa. It offers health and protection, as well as savings products, such as participating, linked, and other traditional products; mutual funds; life insurance; property and casualty insurance; and group insurance.