Phoenix Group Holdings plc (LON:PHNX) Declares Dividend of GBX 26.65

Phoenix Group Holdings plc (LON:PHNX) declared a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 26.65 ($0.35) per share on Thursday, October 31st. This represents a yield of 4.62%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be viewed at this link.

Phoenix Group Stock Performance

Shares of PHNX stock opened at GBX 554 ($7.32) on Tuesday. The company’s fifty day moving average price is GBX 549.03 and its 200-day moving average price is GBX 523.04. The stock has a market cap of £5.54 billion, a PE ratio of -3,900.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73. The company has a current ratio of 0.19, a quick ratio of 0.12 and a debt-to-equity ratio of 176.72. Phoenix Group has a 12 month low of GBX 436.40 ($5.76) and a 12 month high of GBX 581.22 ($7.68).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. boosted their price objective on shares of Phoenix Group from GBX 500 ($6.61) to GBX 505 ($6.67) and gave the stock an “underweight” rating in a research note on Thursday, August 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 610.60 ($8.07).

About Phoenix Group

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.