Standard Life Aberdeen PLC (LON:SLA) declared a dividend on Tuesday, August 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 16th will be paid a dividend of GBX 7.30 ($0.09) per share on Tuesday, September 25th. This represents a yield of 2.3%. The ex-dividend date is Thursday, August 16th. The official announcement can be viewed at this link.

LON SLA traded up GBX 8.80 ($0.11) during trading hours on Wednesday, reaching GBX 330.10 ($4.27). The company’s stock had a trading volume of 6,422,695 shares, compared to its average volume of 9,330,000. Standard Life Aberdeen has a 52 week low of GBX 339.67 ($4.40) and a 52 week high of GBX 448.60 ($5.81).

A number of equities analysts have issued reports on SLA shares. Deutsche Bank cut their target price on shares of Standard Life Aberdeen from GBX 440 ($5.70) to GBX 415 ($5.37) and set a “buy” rating on the stock in a report on Tuesday, July 24th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 488 ($6.32) target price (up previously from GBX 469 ($6.07)) on shares of Standard Life Aberdeen in a report on Monday, July 23rd. Berenberg Bank cut their price target on Standard Life Aberdeen from GBX 460 ($5.95) to GBX 360 ($4.66) and set a “hold” rating on the stock in a report on Thursday, July 5th. Goldman Sachs Group reaffirmed a “conviction-buy” rating on shares of Standard Life Aberdeen in a report on Monday, April 23rd. Finally, Barclays cut their price target on Standard Life Aberdeen from GBX 460 ($5.95) to GBX 440 ($5.70) and set an “overweight” rating on the stock in a report on Thursday, June 14th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Standard Life Aberdeen presently has a consensus rating of “Buy” and an average price target of GBX 452.15 ($5.85).

In related news, insider Richard Stephen Mully acquired 10,000 shares of the stock in a transaction that occurred on Friday, June 8th. The shares were acquired at an average price of GBX 349 ($4.52) per share, for a total transaction of £34,900 ($45,177.99). Also, insider Gerhard Fusenig acquired 40,000 shares of the stock in a transaction that occurred on Wednesday, May 30th. The shares were bought at an average price of GBX 350 ($4.53) per share, for a total transaction of £140,000 ($181,229.77). In the last ninety days, insiders have bought 50,044 shares of company stock worth $17,505,092.

About Standard Life Aberdeen

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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