Standard Life Plc (LON:SL) announced a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be given a dividend of GBX 7 ($0.09) per share on Wednesday, October 18th. This represents a dividend yield of 1.61%. The ex-dividend date is Thursday, September 7th. The official announcement can be seen at this link.

Standard Life Plc (LON SL) traded down 3.75% during midday trading on Friday, hitting GBX 410.80. The stock had a trading volume of 32,124,771 shares. The firm’s market cap is GBX 8.09 billion. Standard Life Plc has a 52 week low of GBX 322.76 and a 52 week high of GBX 447.60. The firm has a 50 day moving average of GBX 422.60 and a 200 day moving average of GBX 385.80.

A number of research analysts have recently issued reports on the company. Berenberg Bank reaffirmed a “hold” rating and set a GBX 400 ($5.19) price target on shares of Standard Life Plc in a report on Tuesday, April 25th. Macquarie reaffirmed an “outperform” rating and set a GBX 435 ($5.65) price target on shares of Standard Life Plc in a report on Wednesday, April 26th. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 370 ($4.80) price target on shares of Standard Life Plc in a report on Thursday, April 27th. Shore Capital reaffirmed a “hold” rating on shares of Standard Life Plc in a report on Wednesday, May 10th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 400 ($5.19) price target on shares of Standard Life Plc in a report on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Standard Life Plc has a consensus rating of “Hold” and an average target price of GBX 430.40 ($5.59).

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About Standard Life Plc

Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.

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