Burford Capital Limited Declares Dividend of $0.06 (LON:BUR)

Burford Capital Limited (LON:BUR) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.06 per share on Thursday, December 5th. This represents a dividend yield of 0.5%. The ex-dividend date is Thursday, October 31st. The official announcement can be viewed at this link.

Burford Capital Trading Down 0.7 %

Shares of LON:BUR opened at GBX 1,046 ($13.57) on Tuesday. The firm has a fifty day moving average of GBX 1,012.41 and a two-hundred day moving average of GBX 1,075.42. The firm has a market capitalization of £2.30 billion, a P/E ratio of 780.00, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. Burford Capital has a 12-month low of GBX 920.16 ($11.93) and a 12-month high of GBX 1,349 ($17.49). The company has a quick ratio of 8.01, a current ratio of 15.07 and a debt-to-equity ratio of 55.40.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($20.75) target price on shares of Burford Capital in a research note on Friday, August 9th.

About Burford Capital

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.