Gateley Holdings PLC (LON:GTLY) Raises Dividend to GBX 5.40 Per Share

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).

About Gateley

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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Dividend History for Gateley (LON:GTLY)

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