Relx Plc (LON:REL – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,694 ($48.24) and last traded at GBX 3,672 ($47.95), with a volume of 3599207 shares. The stock had previously closed at GBX 3,604 ($47.06).
Wall Street Analyst Weigh In
Separately, Citigroup reaffirmed a “neutral” rating on shares of Relx in a report on Thursday, July 4th.
Relx Trading Up 1.9 %
Relx Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Thursday, August 1st were paid a dividend of GBX 18.20 ($0.24) per share. This represents a yield of 0.52%. The ex-dividend date of this dividend was Thursday, August 1st. Relx’s dividend payout ratio (DPR) is currently 6,000.00%.
Insiders Place Their Bets
In other news, insider June Felix bought 1,400 shares of Relx stock in a transaction on Monday, September 30th. The shares were bought at an average cost of GBX 3,504 ($45.76) per share, with a total value of £49,056 ($64,058.50). Corporate insiders own 0.42% of the company’s stock.
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.
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