Plus500 Ltd (LON:PLUS) declared a dividend on Wednesday, February 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.38 per share on Monday, July 13th. This represents a dividend yield of 3.19%. The ex-dividend date is Thursday, February 27th. This is an increase from Plus500’s previous dividend of $0.27. The official announcement can be viewed at this link.
Shares of PLUS opened at GBX 879.43 ($11.57) on Friday. The stock has a market capitalization of $954.27 million and a P/E ratio of 5.92. Plus500 has a twelve month low of GBX 399.70 ($5.26) and a twelve month high of GBX 1,668 ($21.94). The company has a 50 day moving average of GBX 900.20 and a 200-day moving average of GBX 784.58. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 2.34.
In other Plus500 news, insider Alon Gonen purchased 500,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was bought at an average cost of GBX 763 ($10.04) per share, with a total value of £3,815,000 ($5,018,416.21).
Several equities analysts have recently weighed in on PLUS shares. Peel Hunt reaffirmed a “reduce” rating on shares of Plus500 in a research note on Monday, January 6th. Liberum Capital reaffirmed a “buy” rating on shares of Plus500 in a research note on Tuesday. Finally, Berenberg Bank decreased their price target on shares of Plus500 from GBX 810 ($10.66) to GBX 790 ($10.39) and set a “hold” rating for the company in a research note on Friday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. Plus500 has a consensus rating of “Hold” and an average target price of GBX 707.20 ($9.30).
Plus500 Company Profile
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.
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