Prudential plc (PRU) To Go Ex-Dividend on March 27th

Prudential plc (LON:PRU) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.16 per share by the financial services provider on Wednesday, May 14th. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 138.2% increase from Prudential’s previous dividend of $0.07. The official announcement can be seen at this link.

Prudential Price Performance

PRU stock opened at GBX 798.20 ($10.31) on Friday. The firm has a 50-day moving average of GBX 702.54 and a two-hundred day moving average of GBX 667.09. The firm has a market capitalization of £26.26 billion, a PE ratio of 39.87, a P/E/G ratio of 0.40 and a beta of 1.20. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. Prudential has a one year low of GBX 594.80 ($7.68) and a one year high of GBX 850.68 ($10.98).

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Bank of America reaffirmed a “buy” rating and issued a GBX 1,000 ($12.91) target price on shares of Prudential in a research report on Thursday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 950 ($12.27) price target on shares of Prudential in a report on Thursday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,188 ($15.34).

Prudential Company Profile

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).