London Stock Exchange Group plc (LON:LSEG) to Issue Dividend of GBX 41

London Stock Exchange Group plc (LON:LSEG) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be paid a dividend of GBX 41 ($0.53) per share on Wednesday, September 18th. This represents a yield of 0.43%. The ex-dividend date is Thursday, August 15th. The official announcement can be seen at this link.

London Stock Exchange Group Stock Performance

Shares of LSEG opened at GBX 9,740 ($125.29) on Friday. The company’s 50 day moving average price is GBX 9,392.64 and its 200 day moving average price is GBX 9,226.40. London Stock Exchange Group has a 52 week low of GBX 7,784 ($100.13) and a 52 week high of £110.80 ($142.53). The company has a market capitalization of £51.63 billion, a PE ratio of 7,148.53, a PEG ratio of 3.03 and a beta of 0.35. The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00.

Insider Buying and Selling at London Stock Exchange Group

In other news, insider Martin Brand sold 13,167 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of GBX 9,472 ($121.84), for a total value of £1,247,178.24 ($1,604,294.11). Insiders sold 14,924,990 shares of company stock worth $136,701,691,428 over the last ninety days. 6.35% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on LSEG shares. Berenberg Bank reaffirmed a “buy” rating and set a £110 ($141.50) price objective on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 115 ($1.48) target price on shares of London Stock Exchange Group in a research note on Tuesday, May 28th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 8,347 ($107.37).

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.