AJ Bell plc (AJB) To Go Ex-Dividend on January 9th

AJ Bell plc (LON:AJB) announced a dividend on Friday, December 5th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 8.25 ($0.10) per share on Friday, February 7th. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from AJ Bell’s previous dividend of $4.25. The official announcement can be accessed at this link.

AJ Bell Trading Down 5.1 %

LON:AJB opened at GBX 429 ($5.37) on Tuesday. The company has a market capitalization of £1.77 billion, a P/E ratio of 2,145.00, a PEG ratio of 5.73 and a beta of 0.99. The company has a current ratio of 3.75, a quick ratio of 7.16 and a debt-to-equity ratio of 6.44. AJ Bell has a 12 month low of GBX 280.60 ($3.51) and a 12 month high of GBX 529 ($6.62). The firm has a fifty day simple moving average of GBX 460.90 and a 200-day simple moving average of GBX 443.09.

Insiders Place Their Bets

In other news, insider Peter Birch sold 25,853 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of GBX 459 ($5.74), for a total transaction of £118,665.27 ($148,461.49). Insiders own 29.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Shore Capital reiterated a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 565 ($7.07) target price on shares of AJ Bell in a research report on Friday, December 6th.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.