Aviva plc (LON:AV) Declares Dividend of GBX 23.80

Aviva plc (LON:AV) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 23.80 ($0.30) per share on Thursday, May 22nd. This represents a yield of 4.25%. The ex-dividend date is Thursday, April 10th. This is a 100.0% increase from Aviva’s previous dividend of $11.90. The official announcement can be accessed at this link.

Aviva Stock Down 6.3 %

Shares of LON:AV opened at GBX 492.10 ($6.26) on Tuesday. The firm has a 50 day simple moving average of GBX 529.77 and a 200-day simple moving average of GBX 495.50. Aviva has a twelve month low of GBX 390.70 ($4.97) and a twelve month high of GBX 510.20 ($6.49). The company has a current ratio of 2.93, a quick ratio of 1.57 and a debt-to-equity ratio of 68.87. The company has a market capitalization of £13.22 billion, a PE ratio of 10.14, a P/E/G ratio of 2.01 and a beta of 0.89.

Aviva (LON:AV) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 23.60 ($0.30) earnings per share for the quarter. Aviva had a net margin of 3.52% and a return on equity of 14.82%. On average, equities analysts predict that Aviva will post 46.4942529 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their target price on Aviva from GBX 615 ($7.83) to GBX 635 ($8.08) and gave the company an “overweight” rating in a research report on Thursday, March 6th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 585.67 ($7.46).

Insider Buying and Selling

In other Aviva news, insider Amanda Blanc sold 523,728 shares of Aviva stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 555 ($7.06), for a total value of £2,906,690.40 ($3,699,962.32). 0.17% of the stock is owned by company insiders.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.