LON:PAC

Pacific Assets (PAC) Share Price, News & Analysis

GBX 361
-3.00 (-0.82%)
(As of 07:34 AM ET)
Today's Range
357.06
362
50-Day Range
348
366
52-Week Range
338
390
Volume
531,620 shs
Average Volume
232,609 shs
Market Capitalization
£436.67 million
P/E Ratio
1,719.05
Dividend Yield
0.55%
Price Target
N/A
PAC stock logo

About Pacific Assets Stock (LON:PAC)

Pacific Assets Trust plc is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is managed by First State Investment Management (UK) Limited. The fund invests in public equity markets of the Asia-Pacific region, excluding Japan, Australia, and New Zealand. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies, with an emphasis on companies which are well positioned to benefit from and contribute to sustainable development of the countries in which they operate. It focuses on such factors as financial analysis, company visits, and valuation analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia ex Japan Index. It employs in-house research to make its investments. Pacific Assets Trust plc was formed on January 1, 1985 and is domiciled in the United Kingdom.

PAC Stock Price History

PAC Stock News Headlines

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Central Pacific Financial earnings: here's what Wall Street expects
Central Pacific Financial Q1 Profit Declines
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In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.
Black Banx: Driving Financial Inclusion Globally
Financial services firm relocates Kailua branch
See More Headlines
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Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,557
Year Founded
N/A

Profitability

Net Income
£25.81 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£37.50 million
Cash Flow
GBX 28.69 per share
Book Value
GBX 390 per share

Miscellaneous

Free Float
N/A
Market Cap
£440.29 million
Optionable
Not Optionable
Beta
0.42
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Key Executives

  • Mr. Richard Charles Wilson B.A. (Age 58)
    Chief Executive Officer and Executive Director
  • Mr. David Logan ACA (Age 54)
    B.A., C.A., Chief Operating Officer and Executive Director
  • Mr. David Gait
    Portfolio Manager
  • Mr. Sashi Reddy
    Portfolio Manager

PAC Stock Analysis - Frequently Asked Questions

How have PAC shares performed in 2024?

Pacific Assets' stock was trading at GBX 385 at the start of the year. Since then, PAC stock has decreased by 6.2% and is now trading at GBX 361.
View the best growth stocks for 2024 here
.

How often does Pacific Assets pay dividends? What is the dividend yield for Pacific Assets?

Pacific Assets declared a dividend on Wednesday, May 10th. Shareholders of record on Thursday, June 8th will be given a dividend of GBX 2.30 per share on Thursday, July 6th. This represents a yield of 0.65%. The ex-dividend date of this dividend is Thursday, June 8th. This is a boost from the stock's previous dividend of GBX 1.90. The official announcement can be accessed at this link.
Read our dividend analysis for PAC
.

Is Pacific Assets a good dividend stock?

Pacific Assets (LON:PAC) pays an annual dividend of GBX 2 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 952.38%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PAC.

How do I buy shares of Pacific Assets?

Shares of PAC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:PAC) was last updated on 4/25/2024 by MarketBeat.com Staff

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