Brooks Macdonald Group plc (BRK) Plans Dividend Increase – GBX 30 Per Share
Brooks Macdonald Group plc (LON:BRK) announced a dividend on Thursday, September 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 27th will be paid a dividend of GBX 30 ($0.39) per share on Friday, November 2nd. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from Brooks Macdonald Group’s previous dividend of $17.00. The official announcement can be seen at this link.
Shares of BRK remained flat at $GBX 1,822.50 ($23.81) during trading on Friday. 3,740 shares of the company’s stock were exchanged, compared to its average volume of 4,657. Brooks Macdonald Group has a 1-year low of GBX 1,810 ($23.65) and a 1-year high of GBX 2,582 ($33.74).
BRK has been the subject of a number of research reports. Numis Securities restated a “buy” rating on shares of Brooks Macdonald Group in a report on Thursday, July 26th. Canaccord Genuity restated a “buy” rating and issued a GBX 2,285 ($29.86) price objective on shares of Brooks Macdonald Group in a report on Thursday, July 26th. Finally, Peel Hunt reiterated a “buy” rating on shares of Brooks Macdonald Group in a research note on Thursday, July 26th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Brooks Macdonald Group currently has a consensus rating of “Buy” and a consensus target price of GBX 2,230 ($29.14).
Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through four segments: Investment Management, Financial Planning, Funds and Property Management, and International.
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