TUI AG (LON:TUI) Announces €0.54 Dividend

TUI AG (LON:TUI) announced a dividend on Wednesday, December 11th, Upcoming.Co.Uk reports. Investors of record on Wednesday, February 12th will be given a dividend of €0.54 ($0.63) per share on Tuesday, February 25th. This represents a yield of 4.88%. The ex-dividend date is Wednesday, February 12th. The official announcement can be seen at this link.

TUI traded down GBX 9.40 ($0.12) on Wednesday, hitting GBX 933.20 ($12.28). 2,677,608 shares of the company were exchanged, compared to its average volume of 1,400,000. TUI has a 12 month low of GBX 686.60 ($9.03) and a 12 month high of GBX 1,230 ($16.18). The company has a market cap of $5.54 billion and a PE ratio of 6.43. The company has a debt-to-equity ratio of 80.93, a quick ratio of 0.30 and a current ratio of 0.55. The stock’s fifty day moving average is GBX 1,032.66 and its 200-day moving average is GBX 875.35.

TUI has been the topic of several research analyst reports. Shore Capital restated a “buy” rating on shares of TUI in a research note on Friday, October 11th. UBS Group upped their price objective on TUI from GBX 900 ($11.84) to GBX 1,020 ($13.42) and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. BNP Paribas lowered TUI to a “neutral” rating in a research note on Friday, November 29th. Barclays restated an “equal weight” rating on shares of TUI in a research note on Thursday, October 10th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,200 ($15.79) price objective on shares of TUI in a research note on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,057.50 ($13.91).

About TUI

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Robinson, Riu, TUI Blue, and TUI Magic Life brands, as well as involved in the tour operation and airlines businesses. The company also operates cruise liners; and provides incoming agency services.

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