LON:PAC

Pacific Assets (PAC) Share Price, News & Analysis

GBX 369
-4.50 (-1.20%)
(As of 04:16 PM ET)
Today's Range
362
376
50-Day Range
348
373.50
52-Week Range
338
390
Volume
92,133 shs
Average Volume
220,515 shs
Market Capitalization
£446.34 million
P/E Ratio
1,757.14
Dividend Yield
0.54%
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

Shell offloads Singapore assets
1970’s computer coder Issues Shocking AI Warning
Louis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.
1970’s computer coder Issues Shocking AI Warning
Louis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.
PG&E Set to Sell Power Assets to Global Investor KKR
A New Pacific Arsenal to Counter China
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 29.09 per share
Book Value
GBX 390 per share

Miscellaneous

Free Float
N/A
Market Cap
£446.34 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 beginning of the year. Since then, PAC stock has decreased by 4.2% and is now trading at GBX 369.
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 announced a dividend on Tuesday, April 30th. Investors of record on Thursday, June 13th will be paid a dividend of GBX 4 per share on Friday, July 12th. This represents a yield of 1.1%. The ex-dividend date is Thursday, June 13th. This is an increase from the stock's previous dividend of GBX 2.30. The official announcement can be seen 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 5/9/2024 by MarketBeat.com Staff

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