Burford Capital Limited (LON:BUR) to Issue $0.06 Dividend

Burford Capital Limited (LON:BUR) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 31st will be given a dividend of $0.06 per share on Thursday, December 5th. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, October 31st. The official announcement can be seen at this link.

Burford Capital Price Performance

Shares of LON BUR opened at GBX 1,032.75 ($13.39) on Wednesday. The firm has a market capitalization of £2.27 billion, a P/E ratio of 765.93, a P/E/G ratio of 1.09 and a beta of 0.94. The company has a quick ratio of 8.01, a current ratio of 15.07 and a debt-to-equity ratio of 55.40. The stock’s 50-day simple moving average is GBX 1,012.61 and its two-hundred day simple moving average is GBX 1,072.41. Burford Capital has a twelve month low of GBX 920.16 ($11.93) and a twelve month high of GBX 1,349 ($17.49).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,600 ($20.75) target price on shares of Burford Capital in a research note on Friday, August 9th.

Burford Capital Company Profile

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.