Petershill Partners (LON:PHLL) Increases Dividend to $0.14 Per Share

Petershill Partners (LON:PHLL) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of $0.14 per share on Thursday, October 31st. This represents a yield of 4.83%. The ex-dividend date is Thursday, September 26th. This is an increase from Petershill Partners’s previous dividend of $0.10. The official announcement can be viewed at this link.

Petershill Partners Stock Down 1.8 %

Shares of LON PHLL opened at GBX 219 ($2.89) on Wednesday. Petershill Partners has a 12-month low of GBX 140 ($1.85) and a 12-month high of GBX 229 ($3.03). The company has a market capitalization of £2.37 billion, a PE ratio of 987.57, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The company has a debt-to-equity ratio of 10.22, a current ratio of 4.56 and a quick ratio of 6.11. The firm’s 50-day moving average is GBX 217.49 and its two-hundred day moving average is GBX 204.32.

Wall Street Analyst Weigh In

PHLL has been the topic of several recent research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 235 ($3.10) price target on shares of Petershill Partners in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 ($3.24) price target on shares of Petershill Partners in a report on Thursday, September 5th.

About Petershill Partners

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.