Aviva plc Declares Dividend of GBX 11.90 (LON:AV)

Aviva plc (LON:AV) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 5th will be given a dividend of GBX 11.90 ($0.16) per share on Thursday, October 17th. This represents a yield of 2.44%. The ex-dividend date of this dividend is Thursday, September 5th. The official announcement can be seen at this link.

Aviva Stock Performance

Shares of AV stock opened at GBX 503.60 ($6.62) on Wednesday. The stock has a 50-day moving average of GBX 487.37 and a 200-day moving average of GBX 479.04. Aviva has a one year low of GBX 366 ($4.81) and a one year high of GBX 510.20 ($6.71). The stock has a market cap of £13.40 billion, a PE ratio of 1,100.43, a price-to-earnings-growth ratio of 2.17 and a beta of 0.93. The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57.

Insider Buying and Selling

In other Aviva news, insider Pippa Lambert purchased 1,003 shares of the business’s stock in a transaction on Friday, June 28th. The shares were purchased at an average cost of GBX 482 ($6.34) per share, for a total transaction of £4,834.46 ($6,356.95). In related news, insider Pippa Lambert bought 1,003 shares of the company’s stock in a transaction dated Friday, June 28th. The shares were bought at an average price of GBX 482 ($6.34) per share, for a total transaction of £4,834.46 ($6,356.95). Also, insider Thomas Neil purchased 100,000 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The shares were purchased at an average price of GBX 484 ($6.36) per share, for a total transaction of £484,000 ($636,423.41). 0.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Berenberg Bank lifted their price objective on shares of Aviva from GBX 550 ($7.23) to GBX 572 ($7.52) and gave the company a “buy” rating in a report on Friday, May 10th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 545 ($7.17) price target on shares of Aviva in a research report on Friday, July 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Aviva currently has an average rating of “Hold” and a consensus target price of GBX 518.50 ($6.82).

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.