Quilter plc (LON:QLT) Increases Dividend to GBX 4.20 Per Share

Quilter plc (LON:QLT) declared a dividend on Wednesday, March 5th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 4.20 ($0.05) per share on Tuesday, May 27th. This represents a yield of 2.7%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 147.1% increase from Quilter’s previous dividend of $1.70. The official announcement can be accessed at this link.

Quilter Stock Performance

Shares of LON:QLT opened at GBX 130 ($1.65) on Tuesday. The firm has a market capitalization of £1.73 billion, a PE ratio of 34.95, a P/E/G ratio of 2.50 and a beta of 1.05. Quilter has a 12 month low of GBX 97.30 ($1.24) and a 12 month high of GBX 169.30 ($2.16). The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05. The business has a 50-day moving average of GBX 154.23 and a two-hundred day moving average of GBX 148.71.

Quilter (LON:QLT) last posted its quarterly earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) EPS for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. As a group, research analysts forecast that Quilter will post 9.004676 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Mark Satchel sold 43,031 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of GBX 143 ($1.82), for a total transaction of £61,534.33 ($78,327.81). 4.67% of the stock is owned by corporate insiders.

About Quilter

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.