Plus500 Ltd to Issue Dividend of $0.27 (LON:PLUS)
Plus500 Ltd (LON:PLUS) declared a dividend on Tuesday, August 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 29th will be paid a dividend of $0.27 per share on Thursday, November 28th. This represents a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, August 29th. The official announcement can be accessed at this link.
Shares of LON PLUS traded up GBX 125.20 ($1.64) during mid-day trading on Tuesday, hitting GBX 696.60 ($9.10). The stock had a trading volume of 1,938,333 shares, compared to its average volume of 1,440,000. Plus500 has a 1 year low of GBX 399.70 ($5.22) and a 1 year high of GBX 2,064 ($26.97). The business’s 50 day moving average price is GBX 604.86. The stock has a market capitalization of $787.14 million and a price-to-earnings ratio of 2.09.
Several research analysts recently commented on the stock. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 600 ($7.84) target price (up from GBX 526 ($6.87)) on shares of Plus500 in a research note on Monday. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 526 ($6.87) target price on shares of Plus500 in a research note on Friday, June 28th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Plus500 in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. Plus500 has an average rating of “Hold” and an average price target of GBX 688.40 ($9.00).
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.
Read More: Moving Average Convergence Divergence (MACD)
Receive News & Ratings for Plus500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plus500 and related companies with MarketBeat.com's FREE daily email newsletter.