Ninety One Group Announces Dividend of GBX 5.40 (LON:N91)

Ninety One Group (LON:N91) announced a dividend on Wednesday, November 20th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 12th will be paid a dividend of GBX 5.40 ($0.07) per share on Tuesday, December 31st. This represents a yield of 3.33%. The ex-dividend date is Thursday, December 12th. The official announcement can be accessed at this link.

Ninety One Group Price Performance

Shares of LON N91 traded down GBX 1.10 ($0.01) during mid-day trading on Wednesday, reaching GBX 160.90 ($2.04). The company’s stock had a trading volume of 327,001 shares, compared to its average volume of 542,960. The firm has a market capitalization of £971.21 million, a PE ratio of 900.00, a P/E/G ratio of 15.99 and a beta of 0.66. Ninety One Group has a 52 week low of GBX 150.30 ($1.91) and a 52 week high of GBX 199.30 ($2.53). The stock has a fifty day moving average of GBX 171.11 and a two-hundred day moving average of GBX 169.36. The company has a debt-to-equity ratio of 25.76, a current ratio of 1.03 and a quick ratio of 0.07.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price target on shares of Ninety One Group from GBX 179 ($2.27) to GBX 173 ($2.20) and set a “neutral” rating on the stock in a research note on Thursday, August 1st.

Ninety One Group Company Profile

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.