Shares of S&U plc (LON:SUS – Get Free Report) fell 0.7% during trading on Monday . The company traded as low as GBX 1,400 ($17.89) and last traded at GBX 1,420 ($18.14). 997 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 4,355 shares. The stock had previously closed at GBX 1,430 ($18.27).
Wall Street Analyst Weigh In
Separately, Berenberg Bank lowered their target price on S&U from GBX 2,180 ($27.85) to GBX 2,100 ($26.83) and set a “hold” rating on the stock in a report on Tuesday, August 13th.
Get Our Latest Stock Report on SUS
S&U Stock Performance
S&U Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 31st were paid a dividend of GBX 30 ($0.38) per share. This represents a yield of 1.81%. The ex-dividend date was Thursday, October 31st. S&U’s dividend payout ratio (DPR) is presently 9,677.42%.
About S&U
S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.
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