Saga PLC (SAGA) to Issue Dividend of GBX 2.70 on November 18th
Saga PLC (LON:SAGA) announced a dividend on Wednesday, September 21st. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 2.70 ($0.04) per share on Friday, November 18th. This represents a dividend yield of 1.21%. The ex-dividend date is Thursday, October 6th. The official announcement can be seen at this link.
Shares of Saga PLC (LON:SAGA) opened at 213.20 on Friday. The company’s market capitalization is GBX 2.37 billion. The stock has a 50 day moving average price of GBX 218.94 and a 200 day moving average price of GBX 206.46. Saga PLC has a 52-week low of GBX 170.80 and a 52-week high of GBX 227.38.
A number of brokerages recently issued reports on SAGA. Beaufort Securities reissued a “buy” rating on shares of Saga PLC in a research report on Thursday, September 22nd. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 190 ($2.48) target price on shares of Saga PLC in a research report on Thursday, September 15th. Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 245 ($3.20) target price on shares of Saga PLC in a research report on Wednesday, June 15th. Canaccord Genuity lowered Saga PLC to a “hold” rating and set a GBX 225 ($2.94) target price on the stock. in a research report on Tuesday. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 250 ($3.26) target price on shares of Saga PLC in a research report on Monday, August 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Saga PLC has an average rating of “Hold” and an average price target of GBX 225.83 ($2.95).
In related news, insider Batchelor,Lance purchased 149 shares of the stock in a transaction on Thursday, July 21st. The shares were purchased at an average price of GBX 201 ($2.62) per share, with a total value of £299.49 ($390.93).
About Saga PLC
Saga plc is a provider of services for the customers aged 50 and over. The Company operates through three segments: Insurance, Travel, and Emerging Businesses and Central Costs. Insurance segment consists of general insurance products, such as Motor insurance, Home insurance and Other insurance. Travel segment primarily consists of the operation and delivery of package tours and cruise holiday products.
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