Gateley (Holdings) Plc (LON:GTLY) Plans Dividend Increase – GBX 6.20 Per Share

Gateley (Holdings) Plc (LON:GTLY) declared a dividend on Tuesday, July 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 6.20 ($0.08) per share on Friday, October 25th. This represents a dividend yield of 4.53%. The ex-dividend date is Thursday, October 10th. This is an increase from Gateley’s previous dividend of $3.30. The official announcement can be viewed at this link.

Gateley Price Performance

LON GTLY opened at GBX 135.25 ($1.75) on Thursday. The business’s fifty day moving average price is GBX 132.82 and its 200-day moving average price is GBX 132.41. The stock has a market capitalization of £178.04 million, a price-to-earnings ratio of 1,229.55 and a beta of 0.94. The company has a debt-to-equity ratio of 53.30, a current ratio of 4.25 and a quick ratio of 2.30. Gateley has a 1-year low of GBX 109.80 ($1.42) and a 1-year high of GBX 166 ($2.15).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of Gateley in a report on Tuesday.

About Gateley

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal and consultancy services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through four segments: Corporate, Business Services, People, and Property. The company offers a range of services, such as legal, banking, corporate, restructuring advisory, taxation, commercial, commercial dispute resolution, complex international litigation, reputation, media, and privacy law services.