Schroders plc (LON:SDR) Plans GBX 6.50 Dividend

Schroders plc (LON:SDR) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 6.50 ($0.08) per share on Thursday, September 26th. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be viewed at this link.

Schroders Price Performance

Schroders stock opened at GBX 356.40 ($4.58) on Thursday. The stock has a market cap of £5.74 billion, a price-to-earnings ratio of 1,483.72, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. The company has a debt-to-equity ratio of 7.14, a current ratio of 1.17 and a quick ratio of 4.32. Schroders has a 1 year low of GBX 346.20 ($4.45) and a 1 year high of GBX 447.60 ($5.76). The firm has a 50-day moving average of GBX 381.40 and a two-hundred day moving average of GBX 384.01.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered their price objective on shares of Schroders from GBX 380 ($4.89) to GBX 375 ($4.82) and set a “sector perform” rating for the company in a research report on Tuesday, April 30th.

Schroders Company Profile

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.