Vanquis Banking Group plc (VANQ) To Go Ex-Dividend on April 18th

Vanquis Banking Group plc (LON:VANQ) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be paid a dividend of GBX 1 ($0.01) per share on Thursday, May 30th. This represents a dividend yield of 1.95%. The ex-dividend date is Thursday, April 18th. The official announcement can be seen at this link.

Vanquis Banking Group Stock Down 5.6 %

Shares of LON:VANQ opened at GBX 52.70 ($0.67) on Friday. The company has a 50 day moving average of GBX 101.95 and a two-hundred day moving average of GBX 113.14. The company has a market capitalization of £135.16 million, a price-to-earnings ratio of 329.38 and a beta of 1.45. Vanquis Banking Group has a 52-week low of GBX 43.15 ($0.55) and a 52-week high of GBX 243.20 ($3.07).

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VANQ. Barclays dropped their target price on Vanquis Banking Group from GBX 190 ($2.40) to GBX 140 ($1.77) and set an “overweight” rating on the stock in a research report on Tuesday, March 12th. Shore Capital restated a “house stock” rating on shares of Vanquis Banking Group in a report on Wednesday.

About Vanquis Banking Group

Vanquis Banking Group plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. It offers credit cards products, and unsecured personal loans products. The company also provides vehicle finance for cars, motorbikes, and light commercial vehicles.