Vanquis Banking Group plc (LON:VANQ) Declares Dividend of GBX 1

Vanquis Banking Group plc (LON:VANQ) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 1 ($0.01) per share on Thursday, May 30th. This represents a yield of 1.95%. The ex-dividend date is Thursday, April 18th. The official announcement can be accessed at this link.

Vanquis Banking Group Price Performance

LON:VANQ opened at GBX 49.55 ($0.62) on Wednesday. The company has a 50 day moving average price of GBX 84.74 and a 200-day moving average price of GBX 106.32. Vanquis Banking Group has a 1-year low of GBX 43.15 ($0.54) and a 1-year high of GBX 241.63 ($3.01). The firm has a market cap of £127.09 million, a price-to-earnings ratio of -2,400.00 and a beta of 1.36.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on VANQ shares. Shore Capital reaffirmed a “house stock” rating on shares of Vanquis Banking Group in a research note on Wednesday, March 27th. Barclays dropped their price objective on shares of Vanquis Banking Group from GBX 190 ($2.37) to GBX 140 ($1.74) and set an “overweight” rating for the company in a research note on Tuesday, March 12th.

Vanquis Banking Group Company Profile

Vanquis Banking Group plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. It offers credit cards products, and unsecured personal loans products. The company also provides vehicle finance for cars, motorbikes, and light commercial vehicles.