Gateley (Holdings) Plc (GTLY) to Issue Dividend of GBX 5 on October 15th

Gateley (Holdings) Plc (LON:GTLY) announced a dividend on Tuesday, July 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 26th will be given a dividend of GBX 5 ($0.07) per share on Friday, October 15th. This represents a yield of 2.35%. The ex-dividend date is Thursday, August 26th. This is an increase from Gateley’s previous dividend of $2.50. The official announcement can be viewed at this link.

LON GTLY opened at GBX 203.50 ($2.66) on Thursday. The business’s 50 day simple moving average is GBX 206.53. The firm has a market capitalization of £239.90 million and a PE ratio of 20.42. The company has a quick ratio of 2.21, a current ratio of 2.28 and a debt-to-equity ratio of 70.71. Gateley has a one year low of GBX 115 ($1.50) and a one year high of GBX 229.99 ($3.00).

Several brokerages have issued reports on GTLY. Shore Capital reiterated an “under review” rating on shares of Gateley in a report on Tuesday. Liberum Capital raised their target price on Gateley from GBX 220 ($2.87) to GBX 300 ($3.92) and gave the company a “buy” rating in a report on Wednesday, May 26th. Peel Hunt restated an “add” rating and issued a GBX 200 ($2.61) target price on shares of Gateley in a report on Wednesday, May 26th. Finally, Peel Hunt restated an “add” rating and issued a GBX 200 ($2.61) target price on shares of Gateley in a report on Wednesday, May 26th.

Gateley Company Profile

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.

Further Reading: What are some reasons analysts would give stocks a buy rating?

Dividend History for Gateley (LON:GTLY)

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