Palace Capital Plc (LON:PCA) to Issue GBX 3.75 Dividend

Palace Capital Plc (LON:PCA) announced a dividend on Thursday, September 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 3.75 ($0.05) per share on Friday, October 25th. This represents a dividend yield of 1.68%. The ex-dividend date is Thursday, September 26th. The official announcement can be accessed at this link.

Palace Capital Price Performance

Palace Capital stock opened at GBX 227.36 ($3.03) on Tuesday. The stock has a market cap of £65.68 million, a P/E ratio of -945.83, a PEG ratio of 3.37 and a beta of 0.68. The company has a current ratio of 7.06, a quick ratio of 1.78 and a debt-to-equity ratio of 8.48. The company has a 50-day moving average price of GBX 225.23 and a 200 day moving average price of GBX 231.70. Palace Capital has a 12-month low of GBX 200 ($2.67) and a 12-month high of GBX 250 ($3.34).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Palace Capital in a research note on Thursday, June 6th.

Palace Capital Company Profile

Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.