Gateley (Holdings) Plc (LON:GTLY) Declares Dividend Increase – GBX 6.20 Per Share

Gateley (Holdings) Plc (LON:GTLY) announced a dividend on Tuesday, July 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 6.20 ($0.08) per share on Friday, November 8th. This represents a dividend yield of 4.53%. The ex-dividend date of this dividend is Thursday, October 10th. This is a positive change from Gateley’s previous dividend of $3.30. The official announcement can be viewed at this link.

Gateley Stock Down 2.2 %

Gateley stock opened at GBX 136.50 ($1.79) on Tuesday. The company has a debt-to-equity ratio of 51.58, a current ratio of 2.36 and a quick ratio of 2.30. The company’s 50-day moving average is GBX 136.67 and its 200-day moving average is GBX 131.62. The firm has a market capitalization of £178.23 million, a PE ratio of 1,750.00 and a beta of 1.00. Gateley has a fifty-two week low of GBX 109.80 ($1.44) and a fifty-two week high of GBX 166 ($2.17).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Gateley in a report on Tuesday, July 16th.

Insider Buying and Selling at Gateley

In related news, insider Colin Robert Jones purchased 40,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of GBX 130 ($1.70) per share, with a total value of £52,000 ($68,053.92). In other Gateley news, insider Victoria Garrad sold 9,000 shares of the stock in a transaction dated Monday, October 7th. The stock was sold at an average price of GBX 138 ($1.81), for a total value of £12,420 ($16,254.42). Also, insider Colin Robert Jones acquired 40,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of GBX 130 ($1.70) per share, with a total value of £52,000 ($68,053.92). Insiders own 47.97% of the company’s stock.

Gateley Company Profile

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal and consultancy services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through four segments: Corporate, Business Services, People, and Property. The company offers a range of services, such as legal, banking, corporate, restructuring advisory, taxation, commercial, commercial dispute resolution, complex international litigation, reputation, media, and privacy law services.