Saga PLC (LON:SAGA) to Issue Dividend of GBX 1.30

Saga PLC (LON:SAGA) declared a dividend on Thursday, September 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 10th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, November 22nd. This represents a yield of 2.46%. The ex-dividend date of this dividend is Thursday, October 10th. This is a positive change from Saga’s previous dividend of $1.00. The official announcement can be accessed at this link.

SAGA stock opened at GBX 44.30 ($0.58) on Wednesday. The stock’s 50 day simple moving average is GBX 45.70 and its 200 day simple moving average is GBX 53.49. Saga has a fifty-two week low of GBX 31.78 ($0.42) and a fifty-two week high of GBX 141.20 ($1.85). The company has a debt-to-equity ratio of 72.23, a quick ratio of 0.40 and a current ratio of 1.21. The company has a market cap of $497.05 million and a P/E ratio of -2.42.

In related news, insider Eva Eisenschimmel acquired 22,924 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was purchased at an average cost of GBX 44 ($0.57) per share, with a total value of £10,086.56 ($13,179.88).

A number of brokerages have commented on SAGA. Peel Hunt reissued a “buy” rating on shares of Saga in a report on Friday, October 4th. Numis Securities reissued an “under review” rating on shares of Saga in a report on Thursday, June 13th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 60 ($0.78) price objective on shares of Saga in a report on Monday, August 5th. Finally, UBS Group reissued a “neutral” rating on shares of Saga in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 99.20 ($1.30).

Saga Company Profile

Saga plc engages in insurance, travel, personal finance, healthcare, retirement villages, and media businesses in the United Kingdom. The company operates in three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.

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Dividend History for Saga (LON:SAGA)

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