H&T Group plc (LON:HAT) Plans Dividend of GBX 11

H&T Group plc (LON:HAT) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 29th will be given a dividend of GBX 11 ($0.14) per share on Friday, June 27th. This represents a dividend yield of 2.84%. The ex-dividend date of this dividend is Thursday, May 29th. This is a 57.1% increase from H&T Group’s previous dividend of $7.00. The official announcement can be viewed at this link.

H&T Group Price Performance

LON HAT opened at GBX 394.40 ($5.13) on Wednesday. The business’s fifty day moving average price is GBX 352.35 and its 200-day moving average price is GBX 360.03. The stock has a market capitalization of £171.86 million, a price-to-earnings ratio of 7.80 and a beta of 0.69. The company has a debt-to-equity ratio of 46.82, a current ratio of 15.96 and a quick ratio of 4.55. H&T Group has a 1-year low of GBX 325.50 ($4.23) and a 1-year high of GBX 440 ($5.72).

H&T Group (LON:HAT) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.67) earnings per share for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. On average, equities analysts predict that H&T Group will post 54.3859649 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HAT shares. Canaccord Genuity Group raised their target price on H&T Group from GBX 531 ($6.90) to GBX 559 ($7.27) and gave the stock a “buy” rating in a report on Tuesday. Shore Capital reaffirmed a “house stock” rating on shares of H&T Group in a report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.