H&T Group plc (LON:HAT) Raises Dividend to GBX 11 Per Share

H&T Group plc (LON:HAT) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors of record on Thursday, May 29th will be given a dividend of GBX 11 ($0.14) per share on Friday, June 27th. This represents a yield of 2.84%. The ex-dividend date is Thursday, May 29th. This is a 57.1% increase from H&T Group’s previous dividend of $7.00. The official announcement can be seen at this link.

H&T Group Price Performance

HAT stock opened at GBX 398.44 ($5.18) on Thursday. The company’s 50-day moving average price is GBX 353.45 and its two-hundred day moving average price is GBX 360.06. The firm has a market cap of £173.62 million, a P/E ratio of 7.88 and a beta of 0.69. The company has a quick ratio of 4.55, a current ratio of 15.96 and a debt-to-equity ratio of 46.82. H&T Group has a 12 month low of GBX 325.50 ($4.23) and a 12 month high of GBX 440 ($5.72).

H&T Group (LON:HAT) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 51.17 ($0.67) earnings per share (EPS) for the quarter. H&T Group had a net margin of 9.06% and a return on equity of 12.14%. On average, analysts anticipate that H&T Group will post 54.3859649 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on HAT shares. Shore Capital reaffirmed a “house stock” rating on shares of H&T Group in a research note on Tuesday. Canaccord Genuity Group upped their price target on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the stock a “buy” rating in a report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.