Relx Plc Declares Dividend of GBX 18.20 (LON:REL)

Relx Plc (LON:REL) announced a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 1st will be paid a dividend of GBX 18.20 ($0.24) per share on Thursday, September 5th. This represents a yield of 0.52%. The ex-dividend date is Thursday, August 1st. The official announcement can be accessed at this link.

Relx Stock Up 2.6 %

REL stock opened at GBX 3,571 ($46.18) on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92. The firm has a market capitalization of £66.78 billion, a PE ratio of 3,826.37, a PEG ratio of 3.83 and a beta of 0.46. Relx has a twelve month low of GBX 2,462 ($31.84) and a twelve month high of GBX 3,675 ($47.53). The stock has a 50-day simple moving average of GBX 3,532.28 and a two-hundred day simple moving average of GBX 3,410.28.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on REL. Citigroup restated a “neutral” rating on shares of Relx in a research report on Thursday, July 4th. Berenberg Bank cut Relx to a “hold” rating and upped their price target for the stock from GBX 3,300 ($42.68) to GBX 3,500 ($45.27) in a research note on Friday, March 29th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Relx currently has a consensus rating of “Hold” and an average target price of GBX 3,327.50 ($43.04).

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.