abrdn plc (LON:ABDN) Announces GBX 7.30 Dividend

abrdn plc (LON:ABDN) announced a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 7.30 ($0.09) per share on Tuesday, May 13th. This represents a dividend yield of 4.17%. The ex-dividend date is Thursday, March 27th. The official announcement can be seen at this link.

abrdn Trading Up 0.4 %

Shares of abrdn stock opened at GBX 171.38 ($2.21) on Tuesday. abrdn has a fifty-two week low of GBX 130.50 ($1.69) and a fifty-two week high of GBX 186.48 ($2.41). The company has a debt-to-equity ratio of 12.25, a quick ratio of 24.97 and a current ratio of 225.80. The firm has a market capitalization of £3.07 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 12.70 and a beta of 1.25. The stock has a 50 day moving average of GBX 158.63 and a 200 day moving average of GBX 150.05.

abrdn (LON:ABDN) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter. abrdn had a return on equity of 6.46% and a net margin of 21.19%. As a group, research analysts predict that abrdn will post 15.2266152 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup upped their price target on abrdn from GBX 140 ($1.81) to GBX 172 ($2.22) and gave the company a “neutral” rating in a report on Thursday, March 6th.

abrdn Company Profile

abrdn is a global investment company that helps clients and customers plan, save, and invest for the future.

Our purpose is to enable our clients to be better investors.

Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and interactive investor – focused on the changing needs of our clients.

The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.

Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their businesses and their clients.

interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.

abrdn.com

The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.