London Stock Exchange Group plc (LON:LSEG) Increases Dividend to GBX 79.30 Per Share

London Stock Exchange Group plc (LON:LSEG) declared a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 79.30 ($0.99) per share on Wednesday, May 22nd. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from London Stock Exchange Group’s previous dividend of $35.70. The official announcement can be accessed at this link.

London Stock Exchange Group Stock Up 0.3 %

Shares of London Stock Exchange Group stock opened at GBX 9,178 ($114.25) on Wednesday. London Stock Exchange Group has a 52-week low of GBX 7,784 ($96.90) and a 52-week high of GBX 9,696 ($120.70). The company has a 50 day moving average of GBX 9,188.26 and a 200 day moving average of GBX 8,919.99. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 37.70. The company has a market capitalization of £49.16 billion, a P/E ratio of 6,631.88, a P/E/G ratio of 3.03 and a beta of 0.33.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LSEG. Citigroup reaffirmed a “top pick” rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Berenberg Bank lifted their target price on shares of London Stock Exchange Group from £106 ($131.96) to £110 ($136.94) and gave the company a “buy” rating in a report on Wednesday, April 10th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of £101.64 ($126.53).

Insider Activity

In related news, insider David Schwimmer sold 4,563 shares of London Stock Exchange Group stock in a transaction on Thursday, March 7th. The shares were sold at an average price of GBX 9,247 ($115.11), for a total value of £421,940.61 ($525,259.07). In related news, insider David Schwimmer sold 4,563 shares of London Stock Exchange Group stock in a transaction on Thursday, March 7th. The shares were sold at an average price of GBX 9,247 ($115.11), for a total value of £421,940.61 ($525,259.07). Also, insider Cressida Hogg acquired 533 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average price of GBX 9,410 ($117.14) per share, for a total transaction of £50,155.30 ($62,436.57). Corporate insiders own 10.32% of the company’s stock.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.