London Stock Exchange Group plc (LON:LSEG) to Issue Dividend Increase - GBX 89 Per Share
London Stock Exchange Group plc (LON:LSEG) announced a dividend increase to GBX 89 ($1.17) per share, payable on May 21st to stockholders of record on April 17th. This marks a 117.1% rise from the previous dividend of $41.00, resulting in a dividend yield of 0.82%. The ex-dividend date is also April 17th. The company has a market capitalization of £59.53 billion and reported GBX 363.50 ($4.79) EPS for the last quarter.
London Stock Exchange Group plc (LON:LSEG - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 89 ($1.17) per share on Wednesday, May 21st. This represents a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 117.1% increase from London Stock Exchange Group's previous dividend of $41.00. The official announcement can be viewed at this link.
London Stock Exchange Group Price Performance
LSEG opened at £112.45 ($148.27) on Tuesday. The company has a fifty day moving average price of £113.15 and a two-hundred day moving average price of £111.67. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. The firm has a market capitalization of £59.53 billion, a PE ratio of 88.19, a P/E/G ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a 52 week low of GBX 8,648.31 ($114.03) and a 52 week high of £121.85 ($160.67).
London Stock Exchange Group (LON:LSEG - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 363.50 ($4.79) EPS for the quarter. London Stock Exchange Group had a return on equity of 2.92% and a net margin of 7.93%. As a group, analysts anticipate that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada lifted their price objective on shares of London Stock Exchange Group from £116 ($152.95) to £125 ($164.82) and gave the stock an "outperform" rating in a research note on Thursday, February 20th.
Get Our Latest Research Report on London Stock Exchange Group
Insiders Place Their Bets
In other London Stock Exchange Group news, insider David Schwimmer sold 4,577 shares of London Stock Exchange Group stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of £111.44 ($146.94), for a total value of £510,060.88 ($672,548.63). Also, insider Michel-Alain Proch sold 9,183 shares of the stock in a transaction on Thursday, April 10th. The stock was sold at an average price of £111.36 ($146.84), for a total transaction of £1,022,618.88 ($1,348,389.87). Over the last ninety days, insiders have sold 27,603 shares of company stock worth $297,844,268. Corporate insiders own 5.64% of the company's stock.
London Stock Exchange Group Company Profile
(Get Free Report)LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain. With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world's financial ecosystem and enable the sustainable growth and stability of our customers and their communities. Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle. LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.
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