Public Policy Holding Company, Inc. (NASDAQ:PPHC) Announces Dividend of $0.12

Public Policy Holding Company, Inc. (NASDAQ:PPHC) declared a dividend on Friday, September 11th. Investors of record on Friday, September 25th will be paid a dividend of 0.117 per share on Friday, October 23rd. This represents a yield of 203.0%. The ex-dividend date is Friday, September 25th.

Public Policy Trading Up 2.0%

Shares of PPHC stock opened at $11.49 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a fifty day moving average of $10.17 and a 200-day moving average of $11.26. Public Policy has a 52-week low of $7.01 and a 52-week high of $15.15. The stock has a market cap of $347.19 million and a price-to-earnings ratio of 104.45.

Public Policy (NASDAQ:PPHC) last released its quarterly earnings data on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $52.14 million for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. On average, equities research analysts forecast that Public Policy will post 0.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on PPHC shares. Weiss Ratings raised shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research note on Wednesday, July 1st. Canaccord Genuity Group reissued a “buy” rating and issued a $18.00 target price on shares of Public Policy in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded Public Policy from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Public Policy has an average rating of “Hold” and an average price target of $17.00.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.