The Property Franchise Group PLC Plans Dividend of GBX 6 (LON:TPFG)

The Property Franchise Group PLC (LON:TPFG) announced a dividend on Tuesday, September 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 6 ($0.08) per share on Friday, October 4th. This represents a yield of 1.27%. The ex-dividend date is Thursday, September 19th. The official announcement can be accessed at this link.

The Property Franchise Group Stock Performance

TPFG stock opened at GBX 447.65 ($5.91) on Wednesday. The firm has a market cap of £285.38 million, a PE ratio of 2,011.36 and a beta of 0.42. The company has a current ratio of 1.11, a quick ratio of 1.20 and a debt-to-equity ratio of 11.13. The stock has a 50-day moving average price of GBX 460.86 and a 200-day moving average price of GBX 412.01. The Property Franchise Group has a 1-year low of GBX 270.20 ($3.57) and a 1-year high of GBX 490 ($6.47).

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 589 ($7.78) target price on shares of The Property Franchise Group in a report on Tuesday, September 10th. Berenberg Bank boosted their target price on shares of The Property Franchise Group from GBX 521 ($6.88) to GBX 589 ($7.78) and gave the company a “buy” rating in a research report on Monday, June 3rd.

The Property Franchise Group Company Profile

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.