Personal Assets (LON:PNL) Hits New 52-Week High – Here’s What Happened

Shares of Personal Assets (LON:PNL) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 507 ($6.26) and last traded at GBX 506 ($6.25), with a volume of 418315 shares trading hands. The stock had previously closed at GBX 504 ($6.23).

Personal Assets Price Performance

The firm’s fifty day moving average price is GBX 498.56 and its 200-day moving average price is GBX 492.82. The company has a market cap of £1.64 billion, a price-to-earnings ratio of 4,208.33 and a beta of 0.19.

Personal Assets (LON:PNL) last posted its earnings results on Wednesday, December 4th. The company reported GBX 4.67 ($0.06) earnings per share (EPS) for the quarter. Personal Assets had a net margin of 66.46% and a return on equity of 2.49%.

Personal Assets Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be given a GBX 1.40 ($0.02) dividend. This represents a yield of 0.28%. The ex-dividend date is Thursday, December 12th. Personal Assets’s dividend payout ratio is currently 5,000.00%.

About Personal Assets

Personal Assets is what its name implies. It is an investment trust run for private investors, who may often have committed to it a substantial proportion of their personal wealth. Its investment policy is to protect and increase (in that order) the value of shareholders’ funds per share over the long term.