Pagegroup PLC (LON:PAGE) Increases Dividend to GBX 16.63 Per Share

Pagegroup PLC (LON:PAGE) announced a dividend on Thursday, August 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be given a dividend of GBX 16.63 ($0.21) per share on Wednesday, October 11th. This represents a dividend yield of 3.37%. The ex-dividend date is Thursday, September 7th. This is a positive change from Pagegroup PLC’s previous dividend of $8.23. The official announcement can be accessed at this link.

Shares of Pagegroup PLC (PAGE) opened at 490.00 on Friday. The stock has a 50 day moving average of GBX 493.15 and a 200-day moving average of GBX 473.01. Pagegroup PLC has a 52-week low of GBX 323.70 and a 52-week high of GBX 514.14. The stock’s market capitalization is GBX 1.53 billion.

PAGE has been the subject of several recent research reports. Morgan Stanley lifted their price target on Pagegroup PLC from GBX 450 ($5.81) to GBX 458 ($5.92) and gave the company an “equal weight” rating in a research report on Tuesday, July 4th. Liberum Capital restated a “buy” rating and set a GBX 455 ($5.88) target price on shares of Pagegroup PLC in a research report on Tuesday, July 11th. Panmure Gordon restated a “hold” rating and set a GBX 450 ($5.81) target price on shares of Pagegroup PLC in a research report on Tuesday, July 11th. J P Morgan Chase & Co boosted their target price on Pagegroup PLC from GBX 412 ($5.32) to GBX 442 ($5.71) and gave the stock an “underweight” rating in a research report on Wednesday, July 12th. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 540 ($6.97) target price on shares of Pagegroup PLC in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. Pagegroup PLC presently has an average rating of “Hold” and an average price target of GBX 480.38 ($6.20).

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About Pagegroup PLC

PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.

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