Palace Capital Plc (LON:PCA) Raises Dividend to GBX 3 Per Share

Palace Capital Plc (LON:PCA) declared a dividend on Tuesday, June 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 1st will be paid a dividend of GBX 3 ($0.04) per share on Thursday, August 5th. This represents a dividend yield of 1.2%. The ex-dividend date is Thursday, July 1st. This is a positive change from Palace Capital’s previous dividend of $2.50. The official announcement can be accessed at this link.

Shares of PCA opened at GBX 245 ($3.20) on Thursday. The firm has a market cap of £112.87 million and a P/E ratio of -7.54. The company has a quick ratio of 1.33, a current ratio of 4.13 and a debt-to-equity ratio of 85.26. Palace Capital has a one year low of GBX 167 ($2.18) and a one year high of GBX 268 ($3.50). The stock has a 50 day simple moving average of GBX 242.59.

In other Palace Capital news, insider Paula Dillon bought 10,000 shares of Palace Capital stock in a transaction dated Friday, March 19th. The shares were acquired at an average cost of GBX 230 ($3.00) per share, with a total value of £23,000 ($30,049.65).

Palace Capital Company Profile

Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.

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Dividend History for Palace Capital (LON:PCA)

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