Qiwi PLC (NASDAQ:qiwi) declared a quarterly dividend on Thursday, March 23rd. Shareholders of record on Monday, April 3rd will be paid a dividend of 0.16 per share by the credit services provider on Monday, April 10th. This represents a $0.64 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Thursday, March 30th.
Shares of Qiwi PLC (NASDAQ:QIWI) traded down 0.06% during trading on Friday, reaching $17.64. The company’s stock had a trading volume of 118,028 shares. Qiwi PLC has a 12 month low of $10.42 and a 12 month high of $17.92. The firm has a market cap of $1.07 billion, a PE ratio of 13.41 and a beta of 3.54. The company’s 50 day moving average price is $16.47 and its 200 day moving average price is $14.15.
COPYRIGHT VIOLATION NOTICE: “Qiwi PLC Declares Quarterly Dividend of $0.16 (qiwi)” was first reported by BBNS and is the sole property of of BBNS. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://baseballnewssource.com/markets/qiwi-plc-qiwi-to-issue-quarterly-dividend-of-0-16-on-april-10th-updated-updated/525311.html.
A number of analysts recently commented on QIWI shares. Zacks Investment Research raised Qiwi PLC from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Tuesday, March 28th. TheStreet raised Qiwi PLC from a “d+” rating to a “c-” rating in a research report on Wednesday, April 12th. Credit Suisse Group AG started coverage on Qiwi PLC in a research report on Friday, April 7th. They set a “neutral” rating and a $18.00 price target for the company. Finally, JPMorgan Chase & Co. raised Qiwi PLC from a “neutral” rating to an “overweight” rating and increased their price target for the company from $15.00 to $23.00 in a research report on Monday, April 10th.
An institutional investor recently raised its position in Qiwi PLC stock. State Street Corp raised its stake in shares of Qiwi PLC (NASDAQ:QIWI) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,495 shares of the credit services provider’s stock after buying an additional 3,681 shares during the period. State Street Corp owned 0.08% of Qiwi PLC worth $594,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 41.87% of the company’s stock.
Qiwi PLC Company Profile
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
Receive News & Ratings for Qiwi PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi PLC and related companies with our FREE daily email newsletter.