Schroders plc (LON:SDR) to Issue Dividend of GBX 10

Schroders plc (LON:SDRGet Free Report) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 10 ($0.13) per share on Thursday, May 8th. This represents a yield of 3.88%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 53.8% increase from Schroders’s previous dividend of $6.50. The official announcement can be viewed at this link.

Schroders Trading Up 1.3 %

Shares of SDR stock opened at GBX 382 ($4.94) on Tuesday. The stock’s fifty day moving average price is GBX 366.16 and its two-hundred day moving average price is GBX 343.81. The company has a market cap of £5.93 billion, a PE ratio of 16.68, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. Schroders has a fifty-two week low of GBX 298.60 ($3.86) and a fifty-two week high of GBX 428.80 ($5.54).

Schroders (LON:SDRGet Free Report) last announced its quarterly earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Equities analysts predict that Schroders will post 33.7347131 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SDR shares. Deutsche Bank Aktiengesellschaft boosted their price target on Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the stock a “hold” rating in a report on Friday, March 7th. Royal Bank of Canada upped their price target on shares of Schroders from GBX 395 ($5.10) to GBX 475 ($6.14) and gave the company an “outperform” rating in a research report on Thursday, March 20th.

Read Our Latest Analysis on SDR

Insider Transactions at Schroders

In other news, insider Richard Oldfield purchased 80 shares of the business’s stock in a transaction on Friday, January 10th. The shares were acquired at an average price of GBX 313 ($4.04) per share, for a total transaction of £250.40 ($323.56). Insiders own 43.09% of the company’s stock.

About Schroders

(Get Free Report)

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

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Dividend History for Schroders (LON:SDR)

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