Jtc Plc (LON:JTC) Declares Dividend Increase - GBX 7.67 Per Share

Jtc Plc (LON:JTC - Get Free Report) declared a dividend on Tuesday, April 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 30th will be paid a dividend of GBX 7.67 ($0.10) per share on Friday, June 28th. This represents a yield of 0.93%. The ex-dividend date is Thursday, May 30th. This is a positive change from JTC's previous dividend of $3.50. The official announcement can be accessed at this link.

JTC Trading Up 1.9 %

JTC stock traded up GBX 15.38 ($0.19) during trading on Tuesday, hitting GBX 839.38 ($10.62). The company had a trading volume of 326,941 shares, compared to its average volume of 159,364. The company's 50 day simple moving average is GBX 793.20 and its 200-day simple moving average is GBX 761.67. The stock has a market cap of £1.39 billion, a price-to-earnings ratio of 5,002.94 and a beta of 0.70. The company has a current ratio of 2.23, a quick ratio of 2.70 and a debt-to-equity ratio of 32.05. JTC has a 1-year low of GBX 623.50 ($7.89) and a 1-year high of GBX 869 ($11.00).

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Shore Capital restated a "buy" rating on shares of JTC in a report on Tuesday. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 950 ($12.02) price target on shares of JTC in a research note on Tuesday.

JTC Company Profile

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates through two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.