S&U plc (LON:SUS – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,053.39 ($25.56) and traded as low as GBX 1,850 ($23.03). S&U shares last traded at GBX 1,850 ($23.03), with a volume of 115 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 2,180 ($27.14) target price on shares of S&U in a report on Wednesday, April 10th.
S&U Price Performance
S&U Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 20th will be given a GBX 50 ($0.62) dividend. This represents a yield of 2.67%. The ex-dividend date is Thursday, June 20th. This is a boost from S&U’s previous dividend of $35.00. S&U’s payout ratio is 6,222.22%.
About S&U
S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.
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