Pendragon PLC Declares Dividend of GBX 0.80 (PDG)
Pendragon PLC (LON:PDG) announced a dividend on Tuesday, August 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 20th will be paid a dividend of GBX 0.80 ($0.01) per share on Tuesday, October 23rd. This represents a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, September 20th. The official announcement can be seen at this link.
Shares of PDG stock traded up GBX 0.25 ($0.00) on Wednesday, reaching GBX 24.25 ($0.31). 7,252,315 shares of the company’s stock were exchanged, compared to its average volume of 3,070,000. Pendragon has a 52 week low of GBX 20.03 ($0.26) and a 52 week high of GBX 39.25 ($0.51).
A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 23 ($0.30) price target on shares of Pendragon in a research note on Wednesday. Canaccord Genuity reissued a “hold” rating and set a GBX 26 ($0.34) price target on shares of Pendragon in a research note on Wednesday, May 2nd. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Pendragon in a research note on Monday. Six investment analysts have rated the stock with a hold rating, Pendragon presently has a consensus rating of “Hold” and a consensus target price of GBX 25.17 ($0.33).
Pendragon PLC, together with its subsidiaries, operates as an automotive retailer company in the United Kingdom and California. It operates through US Motor, Leasing, UK Motor, and Software segments. The company sells new and used motor vehicles of various brands, such as Aston Martin, BMW, Citroen, Dacia, DAF, Ferrari, Ford, Harley-Davidson, Hyundai, Jaguar, Land Rover, Kia, Mercedes-Benz, MINI, Nissan, Peugeot, Porsche, Renault, SEAT, Smart, and Vauxhall.
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