Ninety One Group (LON:N91) Declares Dividend Increase – GBX 6.40 Per Share

Ninety One Group (LON:N91) declared a dividend on Wednesday, June 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 18th will be paid a dividend of GBX 6.40 ($0.08) per share on Thursday, August 8th. This represents a yield of 3.75%. The ex-dividend date of this dividend is Thursday, July 18th. This is a boost from Ninety One Group’s previous dividend of $5.90. The official announcement can be seen at this link.

Ninety One Group Stock Down 1.1 %

Shares of LON:N91 opened at GBX 174.20 ($2.26) on Wednesday. The company’s fifty day moving average is GBX 170.35 and its two-hundred day moving average is GBX 171.47. The company has a debt-to-equity ratio of 29.45, a quick ratio of 0.07 and a current ratio of 1.03. Ninety One Group has a 1-year low of GBX 151.90 ($1.97) and a 1-year high of GBX 194.80 ($2.53). The stock has a market capitalization of £1.08 billion, a price-to-earnings ratio of 978.33, a price-to-earnings-growth ratio of 15.99 and a beta of 0.67.

Insider Activity at Ninety One Group

In other Ninety One Group news, insider Kim Mary McFarland sold 10,034 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of GBX 158 ($2.05), for a total value of £15,853.72 ($20,559.88). Insiders own 55.60% of the company’s stock.

About Ninety One Group

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.