Quilter plc (LON:QLT) Raises Dividend to GBX 4.20 Per Share

Quilter plc (LON:QLT) announced a dividend on Wednesday, March 5th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 4.20 ($0.05) per share on Tuesday, May 27th. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 147.1% increase from Quilter’s previous dividend of $1.70. The official announcement can be viewed at this link.

Quilter Stock Performance

Quilter stock opened at GBX 129.10 ($1.64) on Tuesday. The firm has a market capitalization of £1.72 billion, a P/E ratio of 34.71, a PEG ratio of 2.50 and a beta of 1.05. Quilter has a 52 week low of GBX 97.30 ($1.24) and a 52 week high of GBX 169.30 ($2.16). The company has a current ratio of 1.18, a quick ratio of 0.05 and a debt-to-equity ratio of 18.69. The stock has a fifty day moving average price of GBX 154.23 and a 200 day moving average price of GBX 148.71.

Quilter (LON:QLT) last issued its earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) earnings per share for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. Equities research analysts anticipate that Quilter will post 9.004676 earnings per share for the current year.

Insider Activity

In other news, insider Mark Satchel sold 43,031 shares of the stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of GBX 143 ($1.82), for a total value of £61,534.33 ($78,327.81). Insiders own 4.67% of the company’s stock.

About Quilter

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.