Phoenix Group Holdings plc (LON:PHNX) Declares Dividend of GBX 26.65

Phoenix Group Holdings plc (LON:PHNX) declared a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 26.65 ($0.35) per share on Thursday, October 31st. This represents a yield of 4.62%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be accessed at this link.

Phoenix Group Trading Down 3.4 %

Shares of Phoenix Group stock opened at GBX 556.92 ($7.28) on Monday. Phoenix Group has a 1 year low of GBX 436.40 ($5.71) and a 1 year high of GBX 581.22 ($7.60). The company has a debt-to-equity ratio of 176.72, a current ratio of 0.19 and a quick ratio of 0.12. The stock has a market cap of £5.57 billion, a PE ratio of -4,117.86, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73. The firm has a fifty day moving average price of GBX 548.93 and a 200 day moving average price of GBX 522.66.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised their price objective on shares of Phoenix Group from GBX 500 ($6.54) to GBX 505 ($6.60) and gave the stock an “underweight” rating in a research note on Thursday, August 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 610.60 ($7.98).

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.