Prudential plc (PRU) To Go Ex-Dividend on March 27th

Prudential plc (LON:PRU) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.16 per share by the financial services provider on Wednesday, May 14th. This represents a yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 138.2% increase from Prudential’s previous dividend of $0.07. The official announcement can be viewed at this link.

Prudential Stock Performance

Prudential stock opened at GBX 830.26 ($10.73) on Tuesday. Prudential has a 1-year low of GBX 594.80 ($7.69) and a 1-year high of GBX 850.68 ($10.99). The firm has a market cap of £27.32 billion, a P/E ratio of 41.47, a P/E/G ratio of 0.40 and a beta of 1.20. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. The firm has a 50-day moving average of GBX 706.98 and a 200-day moving average of GBX 668.08.

Analyst Ratings Changes

Several research firms recently weighed in on PRU. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 950 ($12.28) price target on shares of Prudential in a research report on Thursday, March 20th. Bank of America reiterated a “buy” rating and issued a GBX 1,000 ($12.92) price target on shares of Prudential in a research note on Thursday, March 20th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 1,188 ($15.35).

Prudential Company Profile

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).