Gateley Holdings PLC (LON:GTLY) announced a dividend on Tuesday, July 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be given a dividend of GBX 5.40 ($0.07) per share on Wednesday, October 16th. This represents a dividend yield of 3.28%. The ex-dividend date is Thursday, September 19th. This is an increase from Gateley’s previous dividend of $2.60. The official announcement can be viewed at this link.
Gateley stock opened at GBX 166.96 ($2.18) on Wednesday. Gateley has a 12-month low of GBX 118.40 ($1.55) and a 12-month high of GBX 183.20 ($2.39). The stock has a market capitalization of $185.25 million and a P/E ratio of 14.39. The firm’s 50-day moving average is GBX 162.14 and its two-hundred day moving average is GBX 160.26. The company has a debt-to-equity ratio of 20.01, a current ratio of 1.80 and a quick ratio of 1.69.
Separately, FinnCap raised their price target on shares of Gateley from GBX 193 ($2.52) to GBX 210 ($2.74) and gave the stock a “corporate” rating in a research note on Tuesday, July 16th.
In related news, insider Nigel Terrence Payne acquired 14,992 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were acquired at an average cost of GBX 167 ($2.18) per share, for a total transaction of £25,036.64 ($32,714.80).
Gateley (Holdings) Plc provides legal advisory services in the United Kingdom, rest of Europe, the Middle East, North and South America, Asia, and internationally. It operates through five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.
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